Kirk R.
MY Realtor has started Working for THEIR side.
I have been working toward a buying a house using a Realtor as my Buying Agent. Deal is supposed to close the end of this month January.Summarizing, I made it clear to MY $#@!ing Realtor that I did NOT want my deal t...
Rob C.
Entity structure on out-of-state rentals and no CA franchise tax?
This topic is just in regard to California residents with properties *outside* of California. Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-sta...
Brandon Chaney
Deals: ON Market vs OFF Market
I've been having conversations with clients who absolutely despise "On Market (MLS) Deals" even when they're priced under listing price. I've gotten some explanations that I've taken into consideration but I wanted to...
Clayneal Pononuihanohano Afaihere Garrigan
Why Do Most Wholesale Deals Exclude Home Inspection & Appraisals?
Seriously! How much Dough does it really cost to run a Home Inspection Report? $3-$400 bucks?And... How about an ‘As-Is’ Appraisal? and maybe also an ‘ARV’ Appraisal? ...another $3..$4...$500 bucks tops???It seriousl...
Becky Watkins
Change in Method?
For the past 10 months, my goal has been to wholesale to cover expenses of education and marketing, and to save up the capital to have a down payment for a fourplex. I'm getting impatient now because I'm getting a ve...
Danny Johnson
Crazies Responding To Letters
What kind of crazy responses have you had to your letters sent offering to buy someone's house?
I've had someone completely chew me out for sending "all of those f'ing" letters and threatened to kick my butt. He expr...
David Cheng
What do you qualify as a proof of funds?
Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...
Oliver Trojahn
Possible first duplex deal
This would be my first attempt at a deal, here are the numbers on this duplex: Top to bottom duplex with both units having 3 bedrooms 1 bathroom. Not that great of an area, one unit occupied and other is accepting a...
Trent M.
Refinance rental property for stocks
Hey guys, first post here. Today I was speaking with a friend about maximizing cash flow on my rental properties and he came up with a BRRR method minus the last R and I thought it seemed like a good idea.I currently ...
Erik Johnson
50 Year Mortgage
Has anyone tried to get mortgages for longer than 30 years? I am thinking if I could try to get a 40-50 year mortgage I could get more cash flow out of the properties in the short term. Are there any companies that wi...