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4 September 2008 | 10 replies
I have a motivated seller who is looking to relocate; wants to sell her place for 75K --no repairs are needed and it's move in ready and the value is right at $111K.
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31 May 2010 | 14 replies
If you don't it will negative cash flow.Note that most investors ignore very important items like capital reserves, vacancy, repairs, etc. when they calculate "cash flow" on single-family investments.
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29 October 2008 | 4 replies
If you have limited real estate investing experience or you’re not sure what other techniques you can utilize in coming back from financial disaster, consider finding a good real estate investing coach who can show you the ropes and teach you a multitude of techniques that can ramp up your career and have you on the right track in no time.
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25 October 2008 | 22 replies
Lots of waiting, and incompetence, and waiting, and more incompetence.Along with what Jon already said, it also usually states in the bank addendums that you are not allowed to do any repairs to the property prior to closing.You might still be able to get the deal if you are willing to wait around until they get the issue(s) resolved, but you might be waiting a long time.Good luck with it,Steph
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25 August 2008 | 3 replies
I have a contract with a seller, the house may need more repairs than originally thought.Asking price was 160FMV in as-is condition 170-180ARV 220-240My price 123Original estimated repairs 20-25New estimates 30-35kRoof and asbestos siding may need work, and I was unaware of siding being asbestosWhat are some tactics I can use to get the price down?
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24 August 2008 | 4 replies
Looking forward to learning some new techniques and providing some advice to newbies.
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20 February 2009 | 12 replies
Hello, I am new to the forum, and am interested in focusing on a niche market, renovating older buildings using green building techniques.
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31 August 2008 | 16 replies
Can I expect to see a house in need of dire repairs?
17 September 2008 | 11 replies
Main house needs roof repair or replacement.