Account Closed
How to find out local CAP Rates
Hey guys, where do you look to find what the current CAP rates are in your local areas. I use CAP rates in my underwriting to see if its worth to purchase and rehab small 2-4 unit rent properties that i find. than...
Dee Sivad
After tenant move out: Payment plan for unpaid rent
In Contra Costa County, CA. There's a long story I won't go into here, but I want to set up a payment plan with an ex-tenant in lieu of going to small claims. If anyone's done this, please respond - how did you g...
Ember Meadows
Vacant Houses
Basic Question: IF you are a wholesaler, do you only put offers on vacant houses? Obviously if you are trying to flip it-people are going to stop by, and if someone is living in the house they could get in the way o...
Angelica Crawford
Use Substantial Home Equity to Buy Investment or Buy New Primary?
Hi all - This is my first post, and I’m looking forward to getting some insight. I currently have $193K equity in my home with an estimated home value of $379K. We bought in late 2020 (in SWFL), so the interest rate i...
Jonathan B.
HOA Foreclosure with reverse Mortgage
Hi Guys,
in FL,
HOA is foreclosing on a house in a week - Lien of 25k.
the property also has a 1st position loan (Reverse mortgage) that also just started proceedings with no set date or "Final Judgement" numbers ...
Daniel Bell
How to do showings the right way
I believe it's crucial not to require an application before viewing a unit. My timeline for turning over vacancies is strictly four weeks, which is the maximum acceptable period between a tenant moving out and the arr...
Agustin Rossi
What to do if a motivated seller asks for proof of funds?
What do I do or say when a potential seller lead ask me for proof of funds to put the house under contract? And then what do I do if a potential buyer wants to go see the house during inspection time, what do I do or ...
Adam Cohen
Rehab Guesstimating and Wholesaling in North Los Angeles
I went to a seminar over the weekend (a total scam to sell education, not properties) but was intrigued with the concept of Wholesaling. It seems like a quick, brokered deal to me. I have been in sales and marketing f...
Axel Velazquez
Anybody knows about Chinese sheetrock??
I’m a new investor, found my first foreclosure for rehab. Selling agent tell me that the property needs all Sheetrock remove due to damage. He mention that it is “Chinese Sheetrock”??? Before I have a chance to see th...
Chris E.
Question about threads already read
Is there a way to not see the threads you already looked at in the "recent forum posts" section?In other words, after you looked at at thread, it would not show up under "recent" until there's a new post.Thanks.