David Lowe
Hard Loans Explained
Can anyone tell me exactly how a hard loan works? I was under the impression that if a house was $500k and you brought in $300k of your own cash, you could get a high interest hard money loan for $200k to allow you to...
Bob Basting
Someone explain this
I'm working on my first flip. Have found a home and the numbers seem to work out. What's curious is the home was sold at a foreclosure auction in Dec 2016 for $100k. On Jan 17, 2017, the home was listed at its current...
Rob Beeman
Micro Flipping Explained
Got to love technology! To think of all of those grungy, smelly vacant properties that I walked through over the years and all of the headaches of dealing with contractors that try your patience during rehabs can now ...
Shannon McLeod
Explaining the discount
Fellow wholesalers,I'm looking for creative ideas on how you explain the discount to sellers while talking on the phone. How do you explain the discount where it makes sense to the seller? As of now, I explain it by s...
Jeremy Lee
Your value explained
I've always thought that doing a deal with others would be neat, but I sometimes wonder how I can contribute vs what others can. SO.....What value do YOU bring to your business or partnership and how did you come to t...
Claude Hodge
50% rule explained
Hey folks. Can everyone please chip in and explain what they are spending money on monthly to account for the 50% rule. I am having trouble seeing what kind of expenses can keep coming up that would equal half of yo...
Alfredo Villegas
Equity explained please.
Sorry I’m sorry but I still don’t get what equity is. I’ve been interning for a big investor in Las Vegas and I’m motivated by what real estate can do for me and my future. Just a question that I’m to embarrassed to a...
Chris Martin
Simple depreciation explaination
This was taken from a PM to a colleague.... After writing it up, I figured I'd put it here for your entertainment;) About the tax comment in my post...This is a simple example. The numbers are to show the point. Don't...
Bitton Yohanan
ARV Calculation explain ?
Hi All,
Any tips on how to find ARV to property ?
maybe a recommended podcast/video ?
thanks, Yohanan
Mikielle Elum
Hard Money Explained
Hard money scares me. I’m new to investing but I have two rentals that I purchased with conventional financing. I’m interested in flipping with hard money. Can someone give me a break down of the process from start to...