Jason Munck
Washington State Contractors License
Happy New Year!
Many of you know that in Washington State there is a law is that says if you want resell a property within a year at least one of the property owners has to be a licensed and bonded contractor...
Michael Myers
What are your company policies that are "written in blood"?
Hey everyone, I'm wondering what your Buy & Hold, BRRRR, and Flipping company policies are. Do you have specific ones that you've had to learn the hard way, aka that are "written in blood"? In Jay's Book on Negoti...
Adam Gerig
How to find private equity groups or hedge funds
We had a group in today from Texas speaking to our owner of our property management company and I was just wondering if anyone in the property management field or even selling wise has any good ideas on how to get ...
Tucker Russell
MAR contract #501 (contract to purchase)
I was wondering if I should use the MAR contract to purchase or a short form offer to do an assignment, when the home owner is a realtor? Also should I add my contingencies in the ADDITIONAL TERMS section of the contr...
Reza Roghani Esfahani
Housing market + Covid-19 + absence of foreclosures
Hello All, I hope this note finds you all well. While I appreciate that no one can guess how the market will change in the short term, I am wondering what you think about "short-term" future of real estate? Do you thi...
Luis Perez
Buyer frenzy during pandemic
I’ve been noticing buyers are willing to pay close to retail value for distressed properties just to lock in the historic low interest rate. Just today, a property that would have been sold to investor at $160k - $180...
Bryan Hancock
What Leverage Ratio (D/E, etc.) Does Your Small Regional Care About?
For those folks that believe in carrying debt on their balance sheet to finance long-term rentals I am wondering what ratios your banker cares about. I have heard they like to see 10%+ of your long-term debt in cash....
Johnny Lynum
Panama City Townhouse Flip
Investment Info:
Townhouse fix & flip investment.
Purchase price: $84,000
Cash invested: $10,300
Lynn Haven, FL 3 Bdr/2Ba 1,050 Sqft Townhouse Flip
What made you interested in investin...
Richie Frost
New build Airbnb in Moses Lake, WA?
Hi, my friend and I are considering buying some property in the Moses Lake, WA area for Airbnb rentals. We've seen some new builds that look promising and we're wondering if anyone here has gone that route? Currently ...
Will White
What are wholesalers looking for?
I'd like to hear from Idaho area flippers on amount of profit they are trying to get out of a flip. Has the "hot" market in the Boise area made it more difficult and you've had to lower your spread?