I'm looking for a friendly person that laughs a lot to work with me on my next flip. Healthy and strong enough to hold things, measure, bang in stuff, and move stuff. Best for a single person with no kids and works pa...
I’ve been listening to Mitch Stephen’s podcast and seller financing seems like it’d be a good fit for our business. Can someone share their insight on the financials of carrying a note vs getting the big pay day now. ...
Is It Time To Tap Out?
Quoted from a real estate blog: “I bought this duplex 3 years ago for $600k, and now it’s worth $980k! I love real estate! I want to do it again and again! I heard I can just cash-out refi a...
One very common strategy in my market is to take a distressed building, throw all the tenants out and flip it to the max. We're talking high-quality renovations to reach the top of the market rents. For example you ta...
Hi all,
I hope this is the right spot to place this thread. I thought it may make for some good chit-chat and learning lessons.
One of my favorite stories about a mobile home in a park.
It may be because it was my ...
When a property is acquired by tax sale, does that remove all leins?Seller has deed to the property and wants to sell as is/ where is. Iowa is abstract state and seller wants me to handle that cost. I have heard ar...
For well over 30 years we have done spec, new construction. From office buildings, office parks, subdivisions, office/retail condos, etc. We haven't really worked doing contract jobs for others. However; we have had p...
Cook county ILI know couple of investors/rehabbers who need short term financing and have free and clear properties. I will prepare a simple loan agreement (and release) that I can record, once they sell the house, I...
How profitable is flipping Modular or Mobile Homes? Is it very different from traditional homes?
I've never done a flip but intend to one day. I would think landlording is more difficult due to a lot more things involved (neigbors, tenants, etc.