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The September 2022 report from the Austin Board of Realtors shows the Austin metro market continuing to normalize in response to high inflation, mortgage rates approaching 7%, and a possible recession in the US. Here ...
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I'm reviewing the tax returns of the seller of a 32 unit C class property. Below are screenshots of the returns.So to get NOI from this information, I should subtract Depreciation and Interest to get the actual expens...
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I have a SS deal where the seller's agent mentioned they have an attorney who handles the negotiation with the bank (Chase) and will be charging an "added fee". I assume that's what some called the negotiation fee...
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When using the phrase "buying for cash", what does that actually exactly mean? Does that mean that person does have the whole amount in their bank account? Or does it mean that person is using a HM lender that can com...
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Hi Guys,The potential deal here, first time dealing with a pre-foreclosure.Preforeclosure seller, auction due in a week, Got authorization signed from the seller, the bank claims the current arrears are about 52k whic...
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Hello,
I'd like to share my experience regarding a house purchase deal gone bad. I'm going to try to be as objective as possible in order to not bias feedback.
My wife and I were under contract to buy a personal re...
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Hey, Bigger Pockets Community! I am in the process of getting my Real Estate license and I have the opportunity to work with a local real estate company and be an agent with them full time. I want to work as an agent ...
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I'm having difficulty determining true ARV. I know you research recent sales in your area with similar characteristics but with a lot of REO'S in the area it seems to complicate the equation. I've seen similar comps s...
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As a REALTOR® in Cleveland/Akron areas, late 2020/2021 has become a hotspot even more so this year than the previous years for investors. From multiple offers, no showings until the offers submitted, no contingent of...
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Yes, this was the absolute BEST wholesale deal I’ve ever seen by a new “player”
Happened about 14 years ago. I was involved in financing the end buyer
Completely new to wholesaling, she contacts me to set up financ...