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I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...
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We are well qualified buyers who are continually getting beat out by all cash offers on properties in the New York City area. This past week a 1.2m offer on a property was beat out by an all cash offer below asking. W...
Hi everyone, I have a question for all of you today regarding bird dogging. So since I may be nearing a close on some deal, how would I make sure that I actually get payed? Is there anything I should do like a contrac...
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Hey everyone, so I'm not sure if this is possible or not, but I figured this would be the best place to ask. Right now I believe the only way I can obtain a loan for a mortgage is to get an fha loan. But they require ...
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Hello all,I am hoping to hear from someone who has achieved success in wholesaling and/or flipping without a lot of cash and without private money from family/friends available strictly. The reason for this is that un...
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Why do syndicators focus so hard on IRR? If you have a specific return you are targeting, wouldn't PV be a better metric to calculate?
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I'm in the military stationed overseas but will be headed back stateside in August. I've been doing a TON of reading about REI and I think it's the route I want to go while still working full-time. My plan is to use m...
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Hi All, I was curious to compare notes with others as to what minimum cash on cash criteria they use to determine if a deal is doable, and what is one they would be really happy with. It seems to be that if your obj...
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To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
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I'm stationed overseas and this tenant from hell stop paying her rent over 7 months ago. This rental is in California. Any advice?