Andrew Smith
Square footage issue
I put a house under contract today, and I feel really good about that, but now I have the marketing issue. However, this isn't a marketing question. The county appraiser says there is 2363sqft, however I don't think i...
Henley H.
Discrepancy in sq. ft. - how negotiate?
We have a home under contract and just received the appraisal, which indicates the home is 400 sq. ft. smaller than listed on the mls. This represents a 13% difference in size. The inspector did not measure sq. ft.,...
Randy Wayne
Code for Gas Meters (Distance to Electrical)
Walked a property today that needs a lot of work, and one of my expected items was to replace the circuit breaker. Trying to arrange an electrician to inspect, but curious thoughts on this being in/out of code? It l...
Carlos Ptriawan
Archaic Fed theory
cc: @James Hamling So today is very interesting. Job market is extremely robust that we add 300k jobs than 150k predicted job. In theory this should not be good news because then Fed would have reason to keep the inte...
Bryan Hancock
Is Profit Per Hour Invested The Best Return Metric For RE Investing?
I am reading a book by a well-known author right now and he has some disparaging remarks for yield measurements for real estate investing. I tend to agree with him given that most real estate activities carry a huge ...
Ron Brady
Are we out of luck? Inaccurate listing square footage
We bought a MLS-listed distressed property sight unseen through our local real estate agent. We live in Mexico and bought in NJ and moved fast because we know the community and believe the home is a good BRRRR prospec...
Douglas Krofcheck
Finding Property Plans To Locate Driveway
I'm researching a property and am running into two issues. First is an illegal apartment in the basement, but I think that's easy to resolve by removing some of the fixtures and then claiming it's a finished basement...
Troy Zsofka
The 2% Rule: Why new investors should be EXTREMELY wary of it
“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
Mark Neiger
How investors are paid
I'm still a little fuzzy on the details of how an investor might be paid. I hear lots of talk on here and in the podcasts about getting investors X% return on their money but what does that really mean? Is it the perc...
Account Closed
Market Is CRASHING . . . For Opendoor-Losing on 42% Of All Trans
Oh well, markets come & markets go_________________________________________________________________________________________________________________Home Robo-Flipper Opendoor "In Danger Zone" After Losing Money On ...