Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
I want to begin underwriting commercial properties and have a good prospect in a 8-unit. The only information I have is limited MLS and county information. I would like to ask the seller for some more information. Wha...
In the last month or so I’ve received tenant applicants that would like to supply their own credit reports? I have always ran their credit report and charged them. I use my own company that I work with. I hate to los...
BTW this is my first post!I am 22 and have been saving up for my first property, I currently have 23k saved in cash and I am saving $2800 a month that I am adding to that total. I want to buy a single family property ...
This would clearly be a very risky move, but has anyone considered buying a vacation rental in a vacation based rental market such a Tulum, Mexico? Unlike certain sub markets in the US that are very hot right now due ...
Here's a report from CNN Money on flipping houses that continues the trend of media and government negativity on the housing situation:
House Flipping
Pay special attention to the reporter's remarks about flipping pl...
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Alright, I apologize if this becomes controversial, or offends anyone.As an investor and agent, I am seeing a lot of speculation in the market. It seems to me, that stock market speculators, are looking to unload thei...
What do you guys think about solar panels? I'm considering them for a primary residence that we just bought for ourselves.
Salient points:
- One of the more expensive homes in the neighborhood at a litt...