Jarvis L Cloud
Having The Right Mindset!
Having the right mindset and managing expectations is a requirement non-negotiable for any business owner or entrepreneur when starting a new business. Often times we have the idea that we can just jump in and win, an...
Eileen Joyce
wholesaling
OK, I am absolutely going to show my ignorance, but I've never heard the term wholesale with respect to real estate. Someone please explain this to me.
Yengkong Sayaovong
Using the brrrr method
I wanted to use the brrrr method on my homes. Question I have is do I need a job to be able to refinance my first home? How do I approach the cash out? I've never done this before. When I refinance, do they give me ca...
Eric M.
Article on Short Sales "Borrowers Losing Their Homes Are Staying in Them Longer"
Interesting article from Managing REO. Requires free registration.
Interesting quote from article
"“I think everybody overestimated the borrower’s desire to do a short sale versus living for free until a foreclos...
David Denzy
MHP Lender - Toledo - loan size < $750k / gravel roads
Does anybody have any lender recommendations in Toledo for a park with loan size < $750k and GRAVEL roads? I called Security Mortgage Group to inquire about their small loan program but they require paved roads. An...
Umair Sheikh
Buying First Home (How to consider appraisals)
Hi guys! I'm new to real estate and wanted your opinion on appraisals. I'm looking to buy for my family to live in. The house is single family, brand new build (not very common), asking for $800k, 2000 sq ft, on a 0.1...
Pedro Oliva
What to do when the mao formula does not work?
I got a lead come in from an area in which many buy and hold investors buy. Using the mao formula of (arv * .7 - repairs - my fee) = a negative number. Is there a time in which not to use this formula? How can I make ...
Chris Shaw
Do I take the leap? - Prime location duplex
All,
I currently have the ball in my court to purchase a 3bd-1.5ba duplex in a highly desirable location for $307,500 plus closing costs. The units rent for $1200 and I would intend to owner occupy for the first two ...
Gary Dezoysa
Do LLCs pass through tax benefits
Hi guys,The two major RE tax benefits I know of are depreciation and mortgage interest deductions.I plan to hold my properties in an LLC. I think the tax benefits should pass right through to me, is that correct? Sing...
Danny Bower
Renting
I am in the process of learning about rentals by renting my first. I just lowered my rent to 95% of market to generate more interest. I have a rental agreement from AOA, and all the required and desired addendum. W...