Hello everyone,
Has anyone everyone requested and negotiated with a seller to be the lender? I've heard of this before but would like to understand the approach if it's even viable. What are the steps you took? And d...
House flipping relies on very quick turnaround times. The best work in the world won’t make you a dime if your holding costs eat away at your profits. Not to mention, the longer your cash is tied up in the flip, the l...
Question on commercial multifamily valuation...When I analyze deals, I include Reserves (10%, set aside for CapEx) in the Operating Expenses, which means it is a part of my NOI calculation. That's how I do it internal...
I have a handful of rentals we are having trouble meeting up to collect the rent and my business partner has fallen ill. He can not make it to all the rental to collect rent when they are available. I am looking for ...
I've been doing my due diligence on REI but have not taken the leap yet on my first deal. I'm apprehensive of stepping out on my own and not wanting to learn "the hard way". Recently I came in contact with several i...
Hello Everyone,I recently graduated from college (2015) and have been working as a credit analyst at a community bank for the past year. I am interested in getting started in real estate investing, specifically single...
Hello. I was curious what experience people had in contacting a current owner prior to a sheriff's sale in which their property is one of those to be auctioned off. - Is it common practice to make contact to try and b...
My wife and I have identified a property we are interested in. I reached out to the sellers agent directly to get more information (YTD income, 2019 income, backstory on property, current market insights, etc). I'm...
Hello Guys,
After a long 7 months my offer was finally accepted on a short sale. But after receiving the approval letter from the bank I have a question regarding the numbers below. My cash offer was $94k a...
So I meet with a seller today after talking on the phone for about 2 days.His asking price was $73,200The comps in the area are between $120,000-$125,000 ARVAfter talking on the phone I got him down to 56k Today we pu...