Sherrie Shillingford
Selling mortgage note
I am currently holding a mortgage note on a property that has an unrepaired sinkhole. The buyers do not want to fix the sinkhole and in fact are making the home bigger. I want to sell the note but I am not sure if t...
Jonathan Nelson
Serious topic: What does FMV stand for and mean? (Fair Market Value)
I am a FL Wholesaler I just recently partnered with a Note Buyer/ REO bulk contract holder.They sent me 4 deals, with addresses and zip codes. They state that they are 42% FMV or Offer from the Buyer. However, they di...
Heather Harrison
hunting down an abandoned property owner
Hi, I found a little gem whilst "driving for dollars" in my own neighborhood! SFH, winterized, vacant and in dire need of some TLC. After discovering the property owner passed away 2 years ago, and the mailing address...
Fred Krueger
Background checks on all tennants or just the primary?
Sorry if I'm reposting a question, I couldn't find the answer anywhere. Found tennants for my three BR home. Three unrelated people. Should I run a background check on all of them? And collect the background check fee...
Cheyenne Davis
MLS Question (State Specific?)
I'm working with a buyers agent to help locate deals in the Central Florida market. He told me that the MLS doesn't allow searches and/or alerts by keywords. In the past, I've always gotten alerts when listings are ad...
Nathan Visser
How do you double check finances given?
Hi everyone,New to everything, trying to secure my first deal, and after looking at the financials the property looks like a good cash-flow. The property is a newly renovated 3 story, 6-unit building and the numbers t...
Kevin Crosson
Earthquake Bill May Offer Major L.A. Investment Opportunities
If you're an investor looking for potential opportunities to break into or expand your investing in L.A., recent earthquake retrofitting legislation may open doors for you!February marks the beginning of a shake-up in...
Jason Malabute
pulling lists is an art by itself
Pulling List means generating or devising the list of properties and owners with the intention of contacting the owners to see if they are open to selling.
You can use various methods to pull lists. I use the Reono...
Christopher G.
Creative ways to transfer ownership
Hello all, i have been managing and updating using personal finances a 13 unit in Ca since purchase 5 years ago. I have an opportunity to take over the existing liens and transfer ownership with the seller financing f...
Randy King
Is HUD not supplying appraisals anymore?
I have just received accepted HUD contract packages for 2 properties each with a different asset manager. I received the appraisal on one of them but not the other. I contacted the asset manager and they replied "H...