Ahmed Youssef
Turnkey is asking to ignore the appraisal value
I'm I not reasonable for not signing my turnkey contract because it has this condition? "If the property appraises for $120,000 or more the buyer agrees to purchase the property at the $129,950 purchase price indicate...
Mike Kruser
What makes a slumlord
Ok for the landlords out there question.
I did math on a bunch of properties and saw in my area the only way to make positive cash flow on a property is that it starts around 6+units which is like 800k starting, and t...
Rob Pene
Why do realtors consider Wholesaling illegal or unethical?
I was talking to a realtor who has cash buyer clients and he was telling me how wholesaling isn't an officially recognized real estate practice in the "real estate" industry.
It could be considered an illegal...
J. Martin
East Bay Meetup - Thurs Jan 16, 2014 in Oakland
Welcome to the first 2014 East Bay Meetup!
The last meetup in Oakland was a great exchange, so time for another one! Please post on this forum instead of the old one if you plan to attend, so I can get a ba...
Dave Kennedy
Loan Modification Plan (Obama)
I've been listening to CNBC this morning and they have been releasing some of the plan to bailout homeowners.
It was just released an hour and half ago so the details are few and far between at this point but here ar...
Account Closed
Burned on foreclosure purchase
I was wondering if there is any investors who would be willing to share a horror story on a foreclosure they bought only to find they got more than they bargained for.To get the ball rolling he is one of mine.The stor...
Jeremiah T.
Do you invest outside of your state?
Who has purchased SFH, commercial investments outside of their state? Or at least more than a day's travel by car? How do you cope with being remote?
Jack B.
Can I retire like this? (3.2 million net worth)
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Justin S.
What would you do? Hold or Sell?
I believe I may already know the popular vote, but here is my situation: I purchased a brownstone in Brooklyn in 2014 as a shell and the house underwent a gut renovation. It is a 3 unit building that my wife and I occ...
Janelle Niles
Question(s) re. "Subject-to" purchasing of homes
Hello: I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...