John Jabson
flip with 3 people?
15 January 2013 | 8 replies
We would have to figure out how that would function properly together, as a group.
Sam Schlacter
Should I take section 8 tenant?
14 January 2013 | 18 replies
Include quarterly inspections in your lease with proper notice (based on your state/local guidelines) regarding the notice you must give your tenant.
Brandon Pearsons
Tenant Walk through
23 January 2013 | 6 replies
I want my properties to be in proper working order from top to bottom and if something isn't working I would have a plan to take care of it prepared.
Larry Flanagan
Buying half a property
16 January 2013 | 6 replies
Kinda hard to have half a house on one lot.....As a renatl, or owner occupied, a patio home can work well, I've had both sides and sold each, but one side would be fine if you have proper zoning and filed agreements concerning shared aspects of improvements.
Page Huyette
REO: Should I show investment analysis to the bank?
23 January 2013 | 7 replies
When we were getting our start we talked to several VPs of commercial lending, and having actual numbers when presenting our business plan to them was helpful in showing them that we had done our due diligence and were capable of conducting proper analysis.
Justin Thompson
Ways to Improve the Hard Money Industry
21 January 2013 | 26 replies
Many of the more aggressive banks will loan on this product too though.I consider sourcing money pretty much the highest value activity in running a real estate business.
Michael Spencer
Leads who paid more than their property is worth (but have high equity!)
15 January 2013 | 8 replies
Hey BP,I'm encountering a lot of leads who have high equity in their homes but the current value is a lot lower than what they purchased it for, so they are reluctant to sell at a price that works for me (60-75% minus repairs of market value).My question is, is there a strategy out there to try to convert these leads to a deal or is this just the way of the land and a deal will come when proper motivation is present?
Brian Beadle
Deed was never recorded by FNMA, How to reconcile this?
16 January 2013 | 3 replies
If you purchased owner's title insurance but did not get a copy of the title policy in the mail, the company you purchased it from will be stated on the HUD-1, and file a claim with them asap as I think the lender commitment documents stated they (and I) had a year to file if the closing wasn't done properly.
Rob C.
Would you buy a quirky property like this?
17 January 2013 | 11 replies
I also believe it would take longer to sell than a similar product in the middle of the community so that would increase your costs even more.
Samantha M.
Linoleum Flooring and Laminate Countertops Pricing
16 January 2013 | 11 replies
Pricing varies for the product and labor throughout the country.