Johnny Dee
Question about B class Phoenix investment properties
Hi,I'm looking for B class buy and hold rental properties in the valley - anything from Buckeye over to Scottsdale/desert ridge down to Gilbert/Chandler/Awhatukee. I have my own ideas about where to look and what to l...
Miles Stanley
First (Potential) Deal - Am i on the right track here?
I found a hot lead in my area and the preliminary numbers look great!i received rent and sale comps from my realtor and have received pre-approval from my lender. The home is solid and livable, just needs updating, h...
Daniel Gonzalez
Does a bigger downpayment make a deal better
Hi everyone,Recently I got into a discussion, which turned into a disagreement with a family member about downpayments. In short I said if a deal doesn't cashflow with a regular downpayment % such as 20-25, throwing m...
Bienes Raices
GC's markup, how much
I'm planning to use a GC when I find my first house (assuming it needs enough work to require a GC). Is there a rule of thumb for what % markup I should factor in for the GC when estimating the repairs to determine ho...
Mark Russell
learning systems and processes for a successful flip business
I am very green at flipping but I've learned enough about how to NOT run a business in the past to know that systems and processes can save me from a lot of unnecessary headaches. That said, how can I learn them? Or r...
Jonathan Lilly
Creative Financing
At what point does it become necessary/beneficial to consider creative financing options? For my first SFH purchase I should have 20% to put down, so would it even be beneficial to consider a different type of financi...
Ryan Deasy
Help! Condo issues...
I have a friend with a condo in a nice part of central CT. She came to me asking what to do, and I am hoping that some of you can help me, help her. She is very upset that her condo association keeps raising her HOA f...
Nick Dillaha
$27k payment to remove PMI?!
Hi, primary residence question. Currently have a townhouse rented and my primary residence. My PMI payment on my house is $212/month. I just had an appraisal completed and because I have only had the loan for less tha...
Kyle Meyers
Are unpaid utilities only a lien if they are city owned?
All the utility bills for my properties are paid by the tenants, I want to make sure that if they stop paying them I won't be on the line for the bill, or at least I will be prepared and check the status. I can't find...
Dustin Lyle
Making an offer
I've been looking at an REO condo in the much beaten up Tampa market.. After sleeping on the idea, I've decided I'm going to put in an offer.
The average condo sale price in the neighborhood i...