So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
I was just reading through the recent post asking for the TOP quality they look for in a real estate agent. The comments that followed were extremely depressing. They looked more like a list of soft skills most would ...
Novice high networth & income investor eager for feedback on strategiesHi Everyone,Due to my job and gracious family gift, I have some capital ready to invest (refer to below for details). I have been listening to...
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
I bought a piece of property that ended up having five brothers that had to sign off on it they wanted nothing to do with the house so they signed quitclaim deeds (notarized) and one brother who signed over a grant de...
AS we all know its rampant... I was just signing a sale contract on a CA flip we sold and there is now a CAR form that buyer and seller sign that delineates the risk and how to protect yourself against wire fraud.talk...
This thread is about a recent REO deal I have done from start to finish (well, finish line is in sight) to help educate and inspire others to do the same.
Property details: 4+3, 2300 sq. ft, pool, spa, view, quiet st...
We own income properties in Southern CA. We have a condo that only cash flows about $300 per month. It has about 500k in equity. I'm trying to decide if we should sell it and move the money out of state to make a b...
Hi Everyone,
I'm not an expert on creative financing deals, so I'm reaching out to those who are.
I have a seller who is older, does not want to deal with kicking out his tenant, fixing up and selling h...