13 July 2013 | 4 replies
Commissions in my area are typically 6% (sometimes less) , with 3% to the listing and 3% to the seller, which is usually deducted from the sale of the property.
19 June 2013 | 7 replies
I typically look for around 5 years, but I'd pay a premium if somebody were willing to lock in for 10 years.
4 August 2014 | 6 replies
There is an investor for just about eery good deal in the greater LA area, so if your approach is wholesale, I would suggest you look at areas that have a higher than typical interest for investors, and where a little hustle on your part can secure a discounted contract with lots of value or your end buyer.
11 October 2017 | 45 replies
Also, banks will require a rehabber to put a lot more of their own cash in typically, so this waters down the ROI.
17 June 2013 | 2 replies
The key feature I am looking for is the ability to upload images of receipts.
18 June 2013 | 4 replies
You typically need to have skin in the game, but at the same time you certainly don't want to drain all of your personal reserves if you don't have to (i.e. if you used up all of your reserves on a traditional downpayment w/a bank - not only would it be gone, but then what's next?
18 June 2013 | 7 replies
Typically for a bank it is 25% down on a four door, and 1-1.5% rate above prime (above best rate) for an investment property.
2 July 2013 | 9 replies
Typically a 3/1.5 slab with a carport is $900 a month around here in old town and you get to a 3/2 with a basement and single garage you are up to $1200 to maybe $1400 depending on location.
26 June 2013 | 2 replies
Does this property have any crazy features like no parking, really really steep steps, located beside a manufacturing facility, really steep hill tenant has to take trash down each week or anything else?
27 June 2013 | 2 replies
Real estate offices split commission typically starting at 50/50 and go more in ur favor on a yearly basis based on how much you sell.