Iris Ortiz
Wholesaling is illegal in NC?
I just ran in to a REALTOR that told me would not work with me because assignments of contract and wholesaling is illegal in North Carolina. I have contacted an attorney that advised assignments and double closings ar...
Kevin McGovern
Losing thousands - cancellations left and right due to Austin Energy
Unbelievable. And to think I just submitted/paid my Q4 quarterly STR taxes to the city and this is what I get in return? What options do I have here in terms of compensation? Sure, things happen and I can live with...
Serge S.
Due on sale clause was called by bank!
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 ...
Venky B.
Dangers of buying homes built in 1900
I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of t...
Christopher W.
How much to pay private lenders?
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
Rich Weese
Why do we invest?
In most instances, I would assume it is for two reasons. To generate passive income which will help eliminate the need to work and to help with our retirement.
Normally about this time of year, various magazines come...
Brian Burke
Cat Litter House: Flip # 653 and it could be the worst one yet. Look at the pics and you decide.
Some flips are easy...paint, carpet, clean, and list. Then there are the hard ones. I've never posted a diary of a flip before. With over 600 flips under my belt I sometimes think that I've seen it all. Then I see...
Patrick Goswitz
Purchasing Material For Contractors
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Jeremy Davis
How do you quit your day job if you need a job to get a loan?
Hey everyone, I live in Los Angeles, got married just before Covid hit, and my wife and I want to move to another state to start our lives, and hopefully a new financial freedom in real estate investment. Whichever th...
Michael Moikeha
Contractor Pay Schedule
Last year I had a contractor walk in the middle of a job with a few extra thousand dollars we had paid them, and it cost more than that to get another contractor in there to complete it.I have a $150,000 project right...