I am currently seeking opportunities to flip properties, but my credit is blasphemous and I sort of feel that no sane persons would partner with me in my ventures. My current marketing plan consists of driving-for-dol...
Soooo, I have a duplex that I put an offer in on. The buyer countered to add this language in the counter offer;1. EM to be paid to title company 3 days after acceptance (No Problem)2. Counter offer should read "buy...
Has anyone else run into issues with over occupancy in GR? I have a 6-bed, 2-bath SFH that I rent to college students. I used to rent to 6 but two years ago was hit with a zoning violation."Did allow more than four (4...
Hello,I just read an interesting article that stated that fewer people like to cook at home. It went on to say that kitchens in the future will be smaller. Does the size of the kitchen make any real difference in fi...
So I'm familiar with the 50% Rule, the 2% Rule, and that I should be buying at no more than 70% of retail value. Are there any other "standard" rules of thumb that are used by real estate investors?
Does anyone happen to have an expense spreadsheet they don't mind sharing. I've been pulling some from the web but I'm just trying to make sure that I'm thinking of everything. Obviously SF expenses differ from apartm...
Hey friends,I am wondering how large syndicated properties make the profit they do. In deals supplemented by a bank loan, many investors look for a 10% return or more; however, this return is only possible because the...
Hello, I'm Edward Thompson currently living in Los Angeles, the Inglewood area. About 4 months ago I attended a free Than Merrill's Fortune Builders seminar and became very interested. So I then paid the $200 dollars ...
Hi everyone,
I am going to preface this by saying I have never done a rehab before. Currently looking at a multi-family REO that needs a fair amount of work. The house has no electricity and/or heat turned on. I foun...
Hey guys,My wife and I are closing on our first STR in Waynesville NC next week. We are incredibly excited to get into a great STR market, but also an area that we enjoy and will continue to visit ourselves. A few spe...