John Collins
Manhattan’s empty apartments: New leases plunge 62% in May
https://www.cnbc.com/2020/06/11/manhattans-empty-apartments-new-leases-plunge-62percent-in-may.html
“The supply of available rental units continues to accumulate,” UrbanDigs said in its report, which looked at all ...
Chris Eastvedt
Need Help With Pre-forclosure/Forclosure Cold Calling Approach
Can someone help me with my script for approaching pre-forclosures/forclosures? I start off simple- Hi, I'm Chris. I'm doing field studies on foreclosures and heard that your bank might be trying to take your hous...
Sheila O'Shea
Deprogramming the Guru Mindset
[I wrote this rant to a friend of mine some time ago, and it seems that some people here might agree with me...]
Lies They Tell You In Real Estate Seminars
Don't Listen To The Poor People Like many effective lies, ...
Account Closed
150 Units Distressed
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
Bianca Rodrigues
In search of private lender
I’ve identified a few properties that would be great potential flips. I have the team and manpower to get the job done. Now, I’m in search of a private money lender to help fund the deal.I’ve been getting emails from ...
Matt Jones
What have you learned from COVID-19?
Anytime we face a challenge personally or as a society there are lessons to be learned from that challenge. COVID-19 has challenged different people in different ways and we will probably each have our own takeaways ...
Account Closed
STRs: The upside to a pending recession....
More and more I'm hearing that STRs are going to be the alternative to hotels as it looks like a recession may be eminent. Curious to hear from the forum if you are seeing the same trends in terms of your bookings. ...
Brandon Holley
Court declares mandatory rental inspections unconstitutional
The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlord, violating the Fourth Am...
Cooper B.
Clarification on Right of Redemption in Alabama
I'm hoping someone can help provide some clarity to me regarding the right of redemption law in Alabama.Say a property is foreclosed and sold back to the bank on the courthouse steps. The bank turns around and sells ...
Account Closed
Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...