Steve Hodgdon
March 1 Letter from Congress to HUD
There's a letter from 45 Congress members to HUD stating concerns about recent sales of notes to the big players. The letter states concerns that "speculators" don't put neighborhood stabilization at the top of the th...
Austin S. Pogue
MY FIRST WHOLESALE DEAL THROUGH RE AGENT - DO I NEED POF?
In specific, I am working with the LISTING AGENT. What are all the documents I need to complete this transaction? Mind you, I am WHOLESALING this property, not purchasing myself. Do I need to contact my cash buyers l...
Brandon Shim
Lack of BRRRR opportunities in my <150K budget
I'm looking for BRRRR opportunities and am finding that I can't find any on Zillow that meet my criteria. Are opportunities scarce right now in my price range? Is my method/criteria flawed? Should I expect significant...
Nick McMahan
Purchase using 1031 and personal funds
I am considering selling a property that will have about a 60k gain and using a 1031 exchange to purchase another property for 110k. I will use personal funds from a Helock for the remaining 50k of the purchase plus ...
Ronald Hunt
Creative Financing
I am in the process of trying to find finance options for a very nice duplex in the Indianapolis, Indiana area. The home I'm looking to buy is $180,000; My offer that I am looking to make is $160k but I've only quali...
Ahmed Tausif Aijazi
Title Company
I am extremely new to REI. I have a very basic question. What does a title company do? and what should I be considering before I select one to close a deal?
Jenny Scott
Cash out options for 5th rental property?
Hi all, I have been thinking about to cash out a rental property, but not sure how to start. (I am total newbie). The reason is that I want to POSSIBLELY(so I may not buy if no good deal) buy a new rental. Let's say I...
Alexander Vest
Rent collection methods/how to structure bank accounts?
I'm interested to hear what methods everyone uses to collect rent. I'm finishing up my first duplex and I am currently looking how to rent collect and how to structure the bank account(s) that the rents and deposits w...
Juan Diaz
Beginner's Guide to Comping
Sharing some of the resources I've developed and thought I'd post it here for feedback CompingThe other element of purchasing a property, regardless of the method, is comping. Comping is one of those funny nicknames f...
Mike Greenberg
How to shop for duplexes
Hello, I'm currently shopping (remotely) for 1, 2, and 3-plexes in Tennessee and looking for advice in particular on duplexes. It seems to be that most listings have the same basic attributes: built mid century, usual...