Ken Nelson
"Drive By" Appraisal Value Not Even Close
I applied for a HELOC from the same bank that holds my mortgage on my primary residence. They offer a "free" appraisal which consists of a drive by, and comps. My house should have a retail value of about $390K, has a...
Karen Mills
Pre-Foreclosure Question Please help
Hey everyone I’m looking for help regarding a property that just came to my attention today. I usually handle absentee properties so this deal through me for a loop.The home is worth 400,000 as is, the owner owes $310...
Catherine Underwood
How to predicate the income of short stay rentals?
I am interested in investing in Short Stay Rentals (e.g. Air BNB). What’s the best way of calculating the income one can expect to get from such rentals.Steps I have tried1. Looking at property listings on AirBNB As I...
Johnathan B.
New to wholesaling. Let me know how I can improve
I am in Washington State. I am going to start wholesaling homes. This is my strategy. Please let me know if you have tried anything and if you have any suggestions. To find cash buyers:Ask title company for a list of ...
Jason Harris
Brrrr strategy on duplex with tenants, is this doable?
I've been searching for single family homes in the southern Illinois metro area that I could invest in using the brrrr strategy. I have been struggling to find a property using the rule of thumb 70% rule because it se...
Logan Clark
When do I line up Transactional Funding?
I am getting ready to make an offer on a property that I’m planning to Wholesale to a cash buyer. It will be a double close so I’m wondering at what point do I call a lender to set up transactional funding? Do I do it...
Terrenze Walker
Selecting GCs to estimate repair costs
I’ve been driving for dollars and I located properties that have the potential to be deals. I’ve thought about googling GCs and offering them a small incentive ($50-$100) to offer me a ballpark figure that I’d be abl...
Tyler Frost
Partnering with a Real Estate Agent
Assuming things don't crash and burn in the coming months I am planning on partnering with a real estate agent on a couple of flips and I am a licensed contractor and I am trying to structure our partnership fairly. H...
Joshua Gordon
Need help with a possible buy and hold house
This is a 3/2 in Titusville, Florida. It is actually my childhood home, though I am trying to not let that make me do something stupid. I still want the numbers to work.
Asking price: $72,900
I comp i...
Jerry Klingerman
Ohio property tax pre-foreclosure
I’m looking for someone who can provide info on what happens in Ohio when a property is foreclosed and sold at auction for nonpayment of property taxes.Specifically, this is an estate situation where the heirs are not...