Account Closed
EVERYONE is a wholesaler these days
7 October 2010 | 17 replies
The last two are practically non-existent in our area of Southern California.I have a few wholesalers out there looking for me, but none have brought me anything.
Chris Feltus
Wholesalers: Provide Investors with which ERC: Retail Flip vs Rental?
2 May 2012 | 18 replies
Then go to as many REO properties as you can and practice your skill set.Here is some more info that should help you:Break up the home into sections - Kitchen, baths, flooring, paint, stucco, landscaping, plumbing (including fixtures), electrical (including fixtures), HVAC, interior doors, door casings/baseboards, windows/sliders/front door, roof, foundation, misc., and garage.Once you know what the common costs are for each area for a specific size home, you can see how easy it will become to walk in and walk out 15 minutes later with a rehab figure in your head.For instance, I know that a full gut and remodel including new toilet, new vanity, mirror, sink, glass door enclosure, stone/tile on shower walls, etc will run me $2500 per bathroom.
Antonio Bodley
Should I tell seller no?
11 May 2012 | 14 replies
There is no reason what so ever that a standard real estate contract with addendums that are normally used in the state could not be used.A seller who may receive back up contracts, say through a brokerage and MLS may be set by local custom, that a seller can, and with such contracts money is given and held in escow with the broker initially or sent to the closing escrow, but money has been deposited for the contract.I have given earnest money notes as consideration for contracts, use to be my usual practice.
Sundar Krish
GOLD assets - can it be counted towards reserve requirement for a mortgage
23 May 2012 | 6 replies
I know each lender might have different policies surrounding this, I just want to get an idea of what is the normal practice.
Matt Blutowski
Rough estimates wanted
16 September 2012 | 30 replies
That concerns the EPA requirements for RRP certified people to perform certain renovation work, to be following "lead safe" practices.
James H.
Hard Money Details
21 September 2012 | 16 replies
I think the lender's perspective is, "Really, you expect me to believe you found this magical deal, it needed practically no work and now it's worth a ton more."
David T.
Looking for Architect or Designer
22 September 2013 | 0 replies
of creativity, practicality and sensible billing.
Jon Fed
Tenant wanting to pay-up after 3-day notice
2 November 2013 | 30 replies
I'm always curious about the differences in the notification and eviction process differ between jurisdictions.Here, on the first failure to pay, we can file a "Notice to Vacate" the day after rent is due {in-practice we normally wait until the 5th}.
Rob Pene
Why do realtors consider Wholesaling illegal or unethical?
7 November 2014 | 52 replies
Unlicensed practice of real estate has more to do with finding a buyer for a seller for a fee.
Tim Mercado
Detroiter saying hi
28 November 2013 | 12 replies
Although they are high, the state is reviewing Detroit's practice of too-high assessments and will be actually lowering them, not raising them, over the next couple of years.