I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
Hello, looking for advice on this deal. I'm under contract on a 250 unit self storage business that is 60% occupied. Its in great shape, with all concrete drives in a non drive by location but with a in city limit...
Lately I’ve been feeling like I’m never going to advance much further in this whole real estate business because I don’t have the money to make a deal. I’m introverted and terrible at sales and networking, so I’m str...
Question for Washington state flippers. I'm a beginning investor in the Seattle area. Just heard about Washington state's anti flipping law. It seems that only licensed contractors are legally allowed in Washington st...
Hello All,
Renovating my first property and I made a rookie mistake, a major one--I found out that my first contractor (who came recommended) is unlicensed in California!!!
I am two weeks into redoing several of th...
My wife and I are planning to rent out an older airstream in the Hill Country of Texas (between San Antonio and Austin) with views of mountains or on a river (prime location). Year round rental targeted couple's getaw...
I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
I'm going to stop working in next few months, and spend the next 2 years doing my masters. I have about 60K in my current employers 401K that I will have an option to roll into an IRA once I stop working there. Sinc...
Retirement / financial planning are extremely important tasks. My biggest beef and frustration though is that the vast majority of planners fail to consider real estate and other investments when building a plan.
As ...
There is a lot of hype around Vacation Rentals. It's true that they can generate higher cash flows compared to long term rentals, but there are many factors that I think people overlook when they haven't done a vacati...