Omari Heflin
Starting out in Apartment Investing
3 September 2018 | 5 replies
That being said, FOR ME a good deal starts with one where we can apply the necesary strategies to ensure the preservation of our investors capital.
David Zheng
Downturn Scares? Preparation?
15 October 2018 | 61 replies
this is starting to become a self fulfilling prophecy.. for not reason other than the market is returning to balance. the risk in landlording is your units go vacant which did happen in 08.. or get run down and you do not have the funds to properly maintain them because you only have enough income to cover fixed debt.
Khenan Newton
Wholesale Exit Clauses for Those Who Have No LLC
25 August 2018 | 26 replies
Wholesaling requires you to be able to properly price properties to know how much to offer and costs for rehabs.
Account Closed
Presenting MLS Deals to Investors
27 August 2018 | 12 replies
What type of contract and fee structure would be considered “fair” for both myself and the investor, to ensure I am paid for all of the “pre-work”, i.e. property analysis, and what fee/commission should I charge if/when the deal is closed?
Brandon Davidson
Can you expunge an evection after the fact?
24 August 2018 | 3 replies
Besides, how would you like to be the proud owner of a new tenant who had "properly cited information" expunged?
Account Closed
Potential Income Stream
24 August 2018 | 0 replies
What type of contract and fee structure would be considered “fair” for both myself and the investor, to ensure I am paid for all of the “pre-work”, i.e. property analysis, and what fee/commission should I charge if/when the deal is closed?
Kevin Phu
VA loan exit strategy
30 August 2018 | 6 replies
I could HI Kevin,This transition that you're asking about above is extremely important to transition smoothly and plan for because it will ensure your subsequent VA use for additonal purchases.Once the current property is refinanced with a non VA loan this will free up your entitlement for additional use.The max conv limit in Ventura county Ca is 672,750 and the max loan limits for a high balance loan can go up to 95%.So what this means is theoretically you could refinance up to 672,750 loan amount with an appraisal as low as 708,158 dollars or higher before your loan is subject to jumbo/non conventional guidelines (much tougher to qualify for and has lower LTV's).The VA loan has some key features that other loans dont have:- a trade off of no monthly PMI but the upfront PMI is huge, equivalent to 2.15 - 3.30 Points (borderline hard money points).
Chris M.
HOA repair didn't sign off on mold, lost buyer
26 August 2018 | 5 replies
. ;^)A good HOA should have done this properly for fear of legal action.
Brett Hearn
lease to own offer "We buy Houses"
31 August 2018 | 6 replies
This just makes sense if your intention all along is to help your tenant to buy.As I understand it the Dodd-Frank Act doesn't apply to lease options when they are properly set up.
Caleb Anderson
Putting in that good ol' elbow grease on my first deal!
30 August 2018 | 7 replies
Good luck, and i'm super duper analytical and trying to be paralyzed but also make the proper decision and pull the trigger, luckily I moved from my first home and turned that into a rental.