25 November 2013 | 13 replies
It will have a huge impact on other deals I'm working on.Details:3/2 SFR raised ranch in rural(ish) NYOffered $187k in early JanuaryPurchase/close June 6 (Short sale)Rehabbed for: $35kOn the market July 30Agreed on (what I thought was) a solid offer within 7 days.
17 November 2013 | 7 replies
In my mind, this change in the "mix" of properties being sold in varying conditions - even though they are the same addresses that are being bought and sold - are making significant impacts on home-price indeces that do not truly reflect an overall increase in housing prices.
20 November 2013 | 3 replies
Also, if you need to evict someone, you essentially have no rent for maybe a few months as well as legal and court fees.As far as taxes go, that's public information, and Brevard County's Tax Assessor has a search tool on their website (top right) here: https://www.bcpao.us/paohome.aspYou can search by address, owner's name, and several other fields.
10 June 2019 | 15 replies
Take for example a sandwich LO where you as the investor are essentially a T/B to the owner, yet in the contract with the owner you transfer control of the property, and the right to sublease.
22 November 2013 | 9 replies
Reaffirming the debt essentially means the borrower agrees they owe and they will have to pay it back.
21 November 2013 | 9 replies
I don't think everyone needs a mentor, however there is a time and place when having guidance can be essential.
30 November 2013 | 4 replies
That's essentially correct, from an ongoing basis.
26 November 2013 | 12 replies
Essentially the property was not the executor'a to sell and her deed conveying the property to me was invalid.
20 November 2013 | 3 replies
Having the cash in the bank is essential to dealing with these inevitable hiccups.
22 November 2013 | 25 replies
For a rental that shouldn't have a big impact on whether or not the place rents quickly.