An alternate title for my post could be 'Flippers and the Law of Diminishing Spreads'!
I am in the Las Vegas market and am running up against the same issues I am repeatedly hearing for other markets in that the ...
Nissan announced today that they will sell driverless cars by 2020. What the heck does this have to do with real estate investing? Well, a lot. This will be the biggest driver of change since the Internet.
Th...
I will be putting a bid on an REO 6 plex in about a week, and I'm trying to figure out how much to offer with a lot of missing info.
Rehab
The units appear to be in excellent condition for an REO. One unit needs all ...
Hey everyone. First post asking for advice. =) Purchased a duplex for 90K on a land contract in August. About to close on it Friday the 26th and buy out the sellers mortgage with my own. His mortgage was 140, so I wil...
Has anyone ever acquired a severely distressed property (long neglected water damage, structural damage, mold, hoarders (and cat poop)) and lived to tell about it? We are so shocked by the state of a recently acquir...
Hi,I am trying to understand how doing a wraparound mortgage will affect my ability to get more loans. My rentals with regular mortgages on them add to my income (rent *.75 - payments). But with a wraparound mortgag...
Is there a general rule of thumb that is used when underwriting the cost of tenant turn over?
I live here in Gainesville, FL, where the Univ. Of Florida is located. Therefore we have two things, a lot of championships and a lot of student rentals.
Well, some time ago the City began enacting a law that require...
Any agents out there? What would you say is the best way to obtain business? Website? Buying leads online? Mailings? Anything that works?