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Hello folks - Even though this was a failure I consider this a learning experience and looking for some insight since it looks like a chicken and egg situation.I won a bid on a website for a 1955 Capecod. In NJ, margi...
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I understand the concept of making an offer on a mf based on NOI and expenses and the cap rate; however, in the event of an REO mf that will be empty - if not @ coe than not that long after - but still non performing....
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My area is somewhat expensive when it comes to real estate. A quad plex just hit the market in my area for 500k. The units are 2/1, and the rent comes out to about 875 a month per unit, which is pretty fair given the ...
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I sold a home in 2012 for $84k and I financed it. The buyers put a new roof on the house in 2013 ($3500) and then walked last month, leaving a payoff of $69k (and change). I listed the house on Craigslist for $69,9...
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Howdy from Waco, Texas! If I get a seller to sell me their house "subject to" and the seller passes away while I am still making the payments on their behalf, what happens to the note? What if I have owner financed t...
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I bought my first rental 2 years ago and will close on my 3rd in a few weeks. I plan on growing the owner managed landlord business and need to get serious about liability and asset management. Right now I am regula...
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So I quickly got a property under contract (my first wholesale deal!!) and Im trying to understand what my options are at closing...WITHOUT the original seller knowing that I just sold their house for more. There is t...
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Ben Pargman is a lawyer who now specializes in short sales. He host bootcamp events for the purpose of selling his system and his countless associates of gurus and coaches.
He sells his short sale coaching system 50...
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The homebuyer/flipper company Opendoor Technologies (OPEN) is starting to look like a zombie company. Last quarter, they produced negative gross margins (-12.6%) and lost $928 million in operations. Their market cap (...
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Hi there, I currently have one duplex in Indianapolis and am looking at other markets such as Detroit. I went to a meetup recently where the presenter, lets call him guru, was talking about how he has a team in place...