Robert Stamper
How many conventional loans can you have
Hi, I have heard that you can do 10 conventional loans before they will no longer underwrite them. I have also heard that the first 5 are held to a lesser standard of underwriting than the second 5. Can anyone con...
Andrew Christie
Contract Owner
As a licensed agent, I see wholesalers in our area putting some of their deals on the MLS and disclosing themselves as the 'contract owner'. So I'm not sure how it works when this wholesaler (contract owner) finds ...
Hayden Lyon
New Construction Costs
Hey Everyone,I have two vacant lots next to each other that I want to build two houses on. I’m looking to understand how much it would cost per square foot to build a standard 3/2 1600sf house. Standard being LVP thro...
Darnell Simon
Using a Self Direct IRA to Fund a Real Estate Holding LLC
Does anyone have resources on best practices for using a Self Directed IRA to fund a Real Estate Holding LLC?I am interested in using the funds in my self directed IRA (& possibly those of a few close friends) as ...
Greg Routen
Disclosure on Off Market Property
Hi All, This might be a silly question but I'm trying to get a better understanding on whether or not I need to disclose that I'm a Realtor in an off market deal. I'm interested in purchasing an off market property fr...
Ben Nelson
“Feeding” a rental property vs retirement account
Why are people generally not ok with “feeding” a rental property with negative cash flow, when they basically do this every day with standard retirement accounts? What’s the difference between putting extra cash into ...
James Morrissey
Property Management Company & Standard Lease Suggestion
Any suggestions on a standard lease to use? Or, in particular, one for the state of Ohio? Also, any advice on a nation wide (or Cincinnati, OH based) property management company?
Alex Silang
Would 50% be enough for a closer?
I find marketing far more enjoyable than sales. It's also where I have more experience. I was thinking about generating leads (through web and direct mail) and then giving the leads to an experienced closer. What perc...
Stephanie Knox
Is a Real Estate Attorney really needed during the buying process
Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
Ryan Sawyer
Property Management fees
Do all Property managers charge the one month rent charge? We have a PM that charges the 10% a month but also collects one months rent with each new contract. Is this normal, and if not, how do I get rid of this? It...