Hello its Foster Algier here, AKA Godfather of wholesaling. I just wanted to share some useful facts on the subject of inventory. Distressed sales accounted for 17.5 percent of all home sales in Florida in February, a...
What do you think the future holds for cities, regions, and states that are on the "decline"?
Some of your more basic examples include cities like Toledo and Detroit - the Rust Belt.
From an investment perspective, ...
Self Storage has always been touted as recession-proof but data is showing people are spending -50% less on it since Coronavirus quarantining. What do the experts in this space think? Are folks deciding to cancel memb...
I’m writing multiple contractors in my area. Ones with good portfolios, before and afters, etc. I’ve had two reply with “not interested”, “I don’t do this type of work”. Then I go back and they clearly do this type of...
Based on our prospective applicant's initial contact he quoted 600 as his credit score and in our ad, we stated we were looking for 'good' credit. His credit came out at 530 with other delinquencies, judgement and li...
Hey BP,I showed one of my rentals last night to a person who got through my pre-screening which includes asking if the person has had an eviction to which he replied, "Never". I did a quick search on his name and addr...
Hello all,Do you reply to all possible leads (from a mail campaign), even if you're not interested in the property?I saw many sites promise a cash offer within XX hours. What if the person is expecting a reply with an...
Hi all,Currently looking to buy a single family home for short term rental. Given the declining housing market, how have people been adjusting their bid offer? Are people trying to bid lower than the asking price? Obv...
Good afternoon my name is Francisco and I’m trying to get pre-approved for a multi family, 2 unit, using a conventional loan for 70k up in Rochester, Ny. When I had gave my information to quicken loan they had told me...
Hi All:
My cousin was supposed to close on a conventional refinance in a few days. The lender is claiming that he had a foreclosure where he co-owned a property with someone and was on the title deed. Since the fore...