If you have had to order an appraisal in the last year, you would know that appraisers have so much work right now they can't keep up. I have an appraiser that is a good friend of mine. He said he has too much work to...
Hi everyone, I will like to share opinions about Kiyosaki’s announcement about the economic crisis that he says is coming. What do you think about? What’s your opinion?
Hello,I have a motivated seller who has a difficult situation and I'm having difficulty coming up with a solution. The property was sold last year on a wrap around mortgage to the new owner. The deed was transferred o...
Glad I waited to do anything after moving here over a year ago. So, in FL there's an "insurance crisis" in some areas leaving homeowners and landlords with double and triple their premiums from the previous year if th...
The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
Got my first call back and a potential seller meeting this weekend. What should be my main focus points when negotiating the deal. What should I bring? What do I tell the title company if we negotiate a price and sign...
Very nice presentation here:
US Sub Prime Crisis In GRAPHICS:
http://news.bbc.co.uk/2/hi/business/7073131.stm :popcorn:
KEEP in mind this is written in NOV 07 before Wall Street and the Fed shut down to the media ...
According to Marcus and Millichap apartment complexes are still holding as long as they can make it through the toughest year we will face yet in 2009 I quote from their website:
"The challenge will be getting throu...
Investment Info:
Single-family residence buy & hold investment in Miramar.
Purchase price: $215,000
Cash invested: $22,000
1/1 condo..was my primary residence.. due to job opportunity had to turn...
I wasn't involved during the last crisis, what is to be considered when using a BRRRR model?My thoughts:- There must be a certain cash flow rule of thumb that will allow you to reduce rates if needed to avoid vacancie...