Andrew Grams
Mortgage Payoff Before Purchase
I have a Realtor colleague whose client has been approached by a developer that would like to buy her home. The amount offered appears to be about 70% of its worth. Fair enough, but she owes $80K on the property, and ...
Don Konipol
Dealing with Homeowners
After 45+ years in real estate, I have come to a conclusion about owner occupied properties. Unless the home seller / buyer has extensive experience in real estate
THE HOMEOWNER SHOULD NOT DO ANY REAL ESTATE TRANSAC...
Raden Mantuano
Does Year Built Matter Determining ARV?
quick question, when determining ARV of recent sold comps, does the year built come in play? seems like the newly built homes such as from 2001-2005 were sold at a higher price aside from the 1981 built ones fully reh...
Stephen D.
Advice on what strategy to use
I have an absentee LL wanting to sell his property for the mortgage balance ($275K) but the property in it's current condition is worth ~60% of the mortgage balance mostly due to the condition of the property. When r...
Breelon Bryant
REO Property: Low offers on long sitting houses
I have found a property that is purchase price 73k
Market rent: $800
My offer: 65k
Cash flow $100+ at 12% COC return
3/2 1450 sqft
ready to move in (not turn-key) prior to purchase with no major work needed to b...
Greg P.
After a rehab what can you take from staging?
Hello, after a rehab and once it sells, what can you take and what do you have to leave? I'm talking about shower curtains, vanity mirrors, toilet covers, floor mats etc. Thanks!
Account Closed
Spending money on homes inspections?
So lets say i get a deal that costs 200,000 but i got it for 180,000 under contract right?Then i do my due diligence. And i pay 2,000 for an inspection. And i find out there were 15,000 in repairs. So it means my real...
Sami Gren
Tenant wants landlord to pay for damaged small appliances
Someone asked about this interesting phenomenon. he had a roach infestation in his rental building, and he did call an exterminator to treat it.one tenant though is claiming that a toaster and microwave got infested a...
Jeremy Britt
Market energy efficient rentals/build in costs to monthly rates
Good afternoon! I am curious if anyone markets their rentals as energy efficient rentals? I can see an opportunity where one could be possible generate a greater income by building in energy costs within the rental ...
Ed Ibañez
FHA - BRRR - when to refinance?
I purchased my first House Hack using an FHA 203k loan. In your experience, when should I refinance? Any things to consider? Any advice? Thanks,Ed