George Gammon
Googles HUGE Red Flag to REI's
This is a chart of the term "flip houses" being entered into Google. It peaks in July, 2007 (the worst time to buy) and bottoms in Sept., 2011 (the best time to buy). It's now at levels approaching 2007.
JD Barrera
Ceiling fans on remote or wall switch control
Just wondering if anyone has experience with having ceiling fans that operation on a remote control (with a master wall switch) in any of their rentals. Interested in knowing if you get calls about remote not working,...
John Napier
Louisville, KY Member
I am heavily investigating a career in real estate as an agent and house flipper. My goal is to obtain the KY state real estate license by May?, 2016, change jobs to 'Real Estate Agent' this summer, and flip a house ...
Corey Dutton
Thinking of Getting started in Real Estate this 2014? The Five Best and Worst reasons to Invest
I just love this recent blog post by Ryan Moeller, "Five Best and Worst Reasons to Invest in Real Estate", so I want to share and highlight some points from the post in this discussion.
We can all think of...
Warren Rosanoff
Zoning changes
I came across a listing for a 4 family house. The asking price was reasonable and the income sufficient enough to provide a decent cash flow. I was preparing to make an offer when I discovered that the city had passed...
Victor Mondragon
Advice Needed: Contractor selection in Houston Heights
BP Nation, I need your help!I am working on my first deal in my own backyard. (literally!)I am in the process of building a garage apartment at my primary residence in the Houston Heights area. It is going to be a pr...
Minerva Paniagua
Who SHould I get My Real Estate Website From?
Hi Fellow Real Estate Professionals!
My Business is Referral Based, so I was never in a hurry to create a website. But, I know I have to get with the program so that is what my May Goal is going to be. There is so...
Steve Babiak
reporter's "simple assumption" (subject to) sale goes awry
The biggest newspaper in Phila - The Inquirer - recently ran a story from a reporter who was having issues 14 years after he agreed to allow a buyer to acquire his property by a "simple assumption" of the mortgage; so...
Faraz Rashid
When to have a PM company takeover when starting REI portfolio
Hey,
I am a new REI in the Houston area. Currently, I am looking at a few deals and hoping to close on my first SFR in the next few months. As a graduate student and a full time employee with limited time, I am resea...
Keith Schulz
Self Storage and Mobil Home Park Pricing
Is there a rule of thumb for expenses on mobil home parks and self storage units?
I'm looking at a property with 26 mobil homes, 13 of them park owned, and 53 self storage units. The gross annual income is $130,000 (...