If real estate agents ever discovered how wholesalers make their money, would they still bother becoming or remain agents? I know we are not suppose to let realtors get wind of how wholesalers buy and sell properties ...
So If I am finding off market deals (driving for dollars), qualifying and closing the leads of which I would buy them and rehab them....what is the role of my realtor? Just contract negotiation?
Hi all,
I am in the process of a short sale on my home here in CA. I started keeping a log of what has happened so far and thought it might benefit others if I share what happens. So I googled for a short sale/forecl...
Let me take a deep breath before telling my story...I bought a bank-owned two-family on auction for 460K, 100K-120K below the market price. Before the auction, I knew the property was occupied but I didn't know the id...
I had a closing that was set to happen tomorrow. Everything was ready, but the buyers didn't have their ducks in a row, and closing will be extended 7-12 days.I told my realtor to ask if they can cover my extra holdin...
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
Blogger Andrew MacDonald, yesterday posted an article on the BiggerPockets Blog that is an absolute MUST READ for anyone considering spending their money on a real estate guru.
The article breaks down both the typica...
Hi All, It has been a very hectic and busy 9 months for me going from 0 to 60 in real estate. I always get a rush from reading some of the success stories posted on here so i figured i might as well share mine. It has...