Michael Palma
Securing financing for 2nd home while keeping the old one
15 August 2018 | 5 replies
I’ve been looking to move into something bigger but recently found that another unit in my building will be going up for sale, unfortunately it’s the same exact layout, however it has roof rights which would give me some private outdoor space and possibility to build up 1 day.
Daniel C.
Favorite owner lookup site?
26 June 2018 | 8 replies
Depending on the county...some counties have very easily accessible tax records.Google “(county name) property tax records” and go from there.
Brett Merrill
Reversion question. Help please
30 April 2018 | 2 replies
It is an interesting property because it was originally a multi family home that was turned into office spaces meaning that they took all of the kitchen and showers out and turn them all into offices.
David Ivy
City of Austin vs. "Predatory" Flippers/Wholesalers
30 March 2019 | 8 replies
There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."
Joshua Meach
I'm Ready to start wholesaling!
22 May 2018 | 15 replies
Even those succeeding in that space at scale have to constantly push and/or pivot with growing competition, average home prices and state-specific laws surrounding brokering!
Account Closed
Rent or Sell My Current First House?
6 June 2018 | 5 replies
So I will keep the property to get a monthly cash flow, refi to eliminate the mortgage insurance (more money in your pocket), and then look to access the equity in your home via a HELOC to invest in other properties.
Paige Kelsey
5 Reasons Your Commercial Real Estate Broker is a...
2 May 2018 | 27 replies
When I asked this to those agents the response that I got was that they had looked at what other spaces were renting for in the area and went off of that.
Anwar Abdul-Hadi
Looking for tips in syndication deals
1 May 2018 | 14 replies
With Crowdfunding, you have access to tremendous deal flow.
Mark Ronquillo
Should I buy my first residence or rental property?
30 April 2018 | 6 replies
Yes not a mobile home (those rent for $1,500 a month) but literally a small one person max livable space.
Joseph Thompson
Alone or Partnership
2 May 2018 | 3 replies
Look at who is the real mover and shaker in that space in your area.Mortgage Broker: To a lesser extent they can help out.