Jordan Feiner
Buy my first home or invest?
24 August 2018 | 1 reply
Our rental situation is pretty great, huge duplex in a terrific neighborhood, the rent is under market, to put that into context, a mortgage would double our housing costs.
Erik Pfundstein
South coast real estate market ranked among worst?
21 September 2018 | 11 replies
Rent Breakeven Horizon: Full Weight (~5.33 Points)Note: The “breakeven horizon” is defined by Zillow as the point, in years, at which buying a home becomes less expensive than renting the same home.Share of Young Homes: Full Weight (~5.33 Points)Note: “Young Homes” refer to housing units built between 2010 and 2016.Building-Permit Activity: Full Weight (~5.33 Points)Note: This metric measures the number of unit permits pulled per 1,000 residents.Affordability & Economic Environment – Total Points: 20Housing Affordability: Double Weight (~5.00 Points)Note: This metric measures home price as a percentage of income.Maintenance Affordability: Full Weight (~2.50 Points)Note: This metric measures maintenance costs as a percentage of income.Population Growth Rate: Full Weight (~2.50 Points)Job Growth Rate: Full Weight (~2.50 Points)Unemployment Rate: Full Weight (~2.50 Points)Underemployment Rate: Full Weight (~2.50 Points)Median Credit Score: Full Weight (~2.50 Points)
Justin Hutchins
$10k to invest..... Hard Momey Fix & Flip or Rentals....
10 October 2018 | 46 replies
Then double down with the BRRRR strategy with experience and cash reserves.
Darius Stubbs
Doubling Closing in Atlanta
20 November 2018 | 2 replies
Are there any closing attorneys in the Atlanta area that offer transactional funding for double closings?
Aaron Diehl
My first attempt at analyzing a rental (Duplex)
18 December 2018 | 4 replies
Also the reason my rent does not double when I switch to conventional loan (me fully renting out units) is I have a roommate in my unit contributing to rent plus the other unit paying rent.
Jim Tassoni
Deal Flow in West Michigan
3 January 2019 | 2 replies
Yesterday I thought I found a property but when we called the agent they already had 46 offers and the property was going to sell for nearly double what they asked!
Ryan Beasley
Buyers Agent commission on Wholesale transaction
16 October 2019 | 8 replies
If he’s doing a double close or using transactional funding then your commission would be paid by the wholesaler.I go into every property knowing it’s going to take me around 9% to sell it.
Jamie Souza
Are there any wholesalers in Washington state here?
9 January 2019 | 1 reply
If the purchase agreement says you can assign or doesn't specifically say you can't, then you can.Because of excise transfer taxes, nobody double closes.
Nita Martin
Should We Purchase This 100 Year Old SFH Turned Into a 4-Plex?
28 January 2019 | 18 replies
@Nita Martin I agree with everything above: you definitely need to dial in your rehab estimate (and then double it for unexpected issues that are bound to crawl out from under the ancient floorboards).
Jason Tran
Another College Dropout?
28 January 2019 | 16 replies
As an example: If you started with 1 penny, and doubled the previous day's total every day for 30 days, i.e...day 1 = 2, day 2 = 4, and so on...), how much money would you have at the end of 30 days?