Hey everyone, We own 2 short term rental cabins in the Smoky Mountains of TN. We've owned them for almost 5 years and for the first 3 years were diligent with refreshening the listings, photographs, seasonal comments ...
I bought a small residential house at a great price 3 years ago with the intent to fix it up a bit and resell it for my first investment. I did take advantage of the first year homebuyer program and after 3 years...
I have been using a Hard Money lender for deals where I needed the cash for 1 year or more and now I have a flip I want to done with in 2 months. He has always charged me 5 points and 12% interest and now as I i only ...
Many investors and entrepreneurs have misperceptions when it comes to flipping houses. Here is a story to illustrate: Gary was a new investor who worked as a business analyst and had recently received a six-figure inh...
Hi,
Is there a better way to find the addresses of the REOs rather than paying $49.95 a month for some of the foreclosure sites? Would the county court have this information?
Thanks,
REI Guy
I have been talking to several private lenders and for some reason I keep getting thrown for a loop. Everything starts off seeming legit and then things turn and I start second guessing the lender. I have found two th...
Hello Fellow Investors
My curiosity is driving me crazy. We have such a diverse mixture of knowledge and business savvy here. In brief, I have a wholesale deal pending on a 40 property package deal ($2,750,000).
I a...
I have a 6-unit building in which I have some fairly decent roach problems. I have had problems for about the last 2 years and they don't seem to get any better. I'm on my 3rd pest control company that does monthly...
I am looking at a newly constructed house and it is a little over what I am looking to pay....How negotiable are newly constructed houses. I know the market right now is in my favor.
Thanks
Hi - I, too am transitioning from SFH to apartment buildings, and would like to see what kinds of LOI's are out there.
What language, due diligence exits, and other concerns are you using in your offers? Actual exam...