I've been going really hard with my agent finding deals on MLS for fix and flips. I have run across a few good properties but i am just now getting into the "make an offer" stage. I have a property in mind but it has ...
Hi I know that there has been some discussion about the finer points of submitting REO offers. But which is actually the proper format to use - sales contract, offer form, or formal letter?
And if offer form is the wa...
Hello,
100 units
asking price 2.4mln
2/1 72 units rent 475 sf 900
3/1 28 units rent 550 sf 1000
NOI 318500
February income 41024
February expenses 14223
Stated occupancy 92%
How you see this deal?
Thank you
My REO agent asked me about the terms that I'd like to include in the contract for her to write up. When submitting offers on REOs, or any active property on the MLS, is it a good idea to include an inspection as one ...
So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...
I have an 80/20 short sale I am working with a retired sailor. The 80 is a VA loan but the 20 is regular. If I short off the 20 will this affect their ability to use their VA benefits for another VA loan later? For ...
Last night I planned on replacing the spout on the tub at my residence (easy job right lol) and after taking the old spout off I realized that the galvanized 1/2" nipple sticking out of the wall was badly corroded and...
Hello Sacramento BP community,I’m sure many of you have seen the Wall Street Journal article from a few days ago, regarding the Sacramento market "real estate boom." If not, here’s the link: https://www.wsj.com/articl...
While the phrase "Can you hear me now?" is from a cell service carrier, I wonder what would have happened if Ros Perot would have used that line in another presidential run. Ross Perot warned us all about the dangers ...
I'll keep this as short as possible:
Wells Fargo in 1st position w/ $75,852 owed
Regions Bank in 2nd w/ $22,362 owed
house is in decent area, but needs a bunch of work:
roof, gutters, some fascia
new flooring thro...