Account Closed
FL MORTGAGE BROKER: Ensure LISTING Agent presents offer to seller
27 April 2018 | 1 reply
How to ensure Listing Agent presents your offer to the seller.In advance of even looking at a listed property:1. email or have your buyer's agent email your Approval Letter for your MAX purchase price, regardless of how much higher it is than the list price of the property you are considering (the higher, the better) & an Attorney Escrow Letter of $5000 or more (the more the better) to the Listing Agent with instructions for the Listing Agent to forward the email directly to the Seller. 2. take the two letters with a copy of the email where it was sent to the Listing Agent and mail them directly to the sellers, this way that have something physically in their hands, letting them know you are a REAL buyer are not playing games!
Freddie Williams
How to purchase 6plex with owner financing?
2 May 2018 | 13 replies
This will help your be able to provide documentation to the bank that you paid on time.As @Wayne Brooks said, you need to make sure the title is in your name or (preferably) your company name.
Steve Burrell
Best markets for $100K properties.
1 May 2018 | 28 replies
It's difficult to make it because I hate missing my kids sports games so I usually only come when it's raining!!
Eliot M.
Mobile Home Park Valuation once and for all
27 April 2018 | 6 replies
I prefer to be a little more conservative when running that 60 or 70 number...and do more like 55 or 65 and sometime even 50 if it a small property.This method holds true is most of the USA and most parks.
Tyree Etheridge
Average Day for a Note Investor
30 April 2018 | 15 replies
Even if I did invest in a smaller fund, I would still prefer to have solid knowledge of how the analysis process worked in regards to evaluating potential notes to bid on.
Bill F.
Impact of Aging Millennials and New Construction on MF Values
15 May 2018 | 26 replies
IRR sensitivity tables around rents and exit cap rates show that many B and C class properties can absorb a fairly substantial compression of rents and cap rates and still remain profitable.Under that stressed scenario, what's interesting is that the passive investors on deals with preferred returns appear to do fine but the sponsors will not be making much money.
Brandon Cravens
Mobile Home Park Name Poll
30 April 2018 | 13 replies
The community I live in does not have "Stick Built Homes" in the name.I would prefer to see Richwood Ridge, Richwood Ridge Estates or Hilltop Estates.
Karim Z.
Turnkey Markets & Providers
30 April 2018 | 20 replies
Do you know generally what your budget/price range is, and/or do you have any particular preferences for property type (SFR vs.
Lesley Ray
Help Analyzing Cleveland Properties
23 June 2018 | 22 replies
Would anyone (preferably with experience in those areas) be willing to review my BRRR analyses to help me understand if I'm doing this correctly?
Larry Apple
Backing out after going under contract
20 May 2018 | 17 replies
At the end of the day it's a numbers game and it needs to make financial sense.