Justin Shaulis
Title Insurance admits they are wrong, but I have some questions on what to expect next
So we are trying to refinance our home and found out that we had an issue with the property and after about a month of dealing with the title insurance company we finally got the following letter:
I want to share m...
David Hodge
How do YOU calculate COC?
The calculation for CAP rate is clearly defined so everyone should be calculating it the same way. There are obvious benefits to having a uniform calculation. On the other hand, Cash on Cash Return seems to be calcu...
Account Closed
Question For The Top 1%
Question for all top real estate agent producers, what are the keys to be on the top 1% ? How do you get clients ? What's your marketing look like ? Where do you buy the list ? Do you cold call ? Do you mail ? Does ti...
John S Lewis
What does Cap Rate mean, really?
Can someone please tell me in laymans terms what the cap rate is? I've read definitions over and over, but I still don't get it. Sorry feel like the dunce cap is on.
Account Closed
Thinking about getting started in Memphis
Hi everyone. I've been living in Memphis for 7 years, 3 as a homeowner in Raleigh. My finances have stabilized to the point where I can start thinking of acquiring investment property.My short term goals:1. Pay off...
Gary Coles
FREEDOM BANK OF GEORGIA CLOSED BY FDIC; 17TH BANK FAILURE OF 2009
Another Bank failure.
The FDIC said, "As of March 4, Freedom Bank of Georgia had roughly $173 million in assets and $161 million in deposits. The FDIC estimated the cost of Freedom Bank's failure to its deposit ins...
James Letchford
4bd/2.5ba Townhome with little equity, but great rental potential
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $28,000
MLS listing with huge rental potential. Not so much equity off the bat, but largest...
Nicholas Blaylock
What should I do with my 401k?
I just left my long time position at Home Depot and accumulated a pretty big sum of money. Without transferring my money to my new job and suffering penalty fees, what would be the smartest decision to make with my mo...
Ryan Becker
Notarizing purchase documents abroad
Has anyone purchased a house in the US while living abroad (ie Netherlands)? How does notary of all the closing documents work- are there international notaries? (ie purchase/title etc)
Curt Bixel
Private Lending, Driver's License, and a Fake ID
I have completed a cash out refinance of several of my rental properties as well as my personal residence, and now have what, for me at least, is a mountain of cash. I am looking into serving in the role of a private...