Chad Parkhurst
Fix and Flip in Albany NY. Listed as the pandemic started
Investment Info:
Single-family residence fix & flip investment in Albany.
Purchase price: $96,000
Cash invested: $50,000
Sale price: $170,545
This one got a little harry trying to sell at the...
Michael Nijhawan
New real estate agent - gain more knowledge & not feel dumb
Hello, good morning,I wanted to get some advice and insights from other agents on methods and tactics that they use to gain knowledge about real estate so that, when they are conversing with people in general, they kn...
Aimee Lawrence
How do real estate LLCs get handled if you move overseas?
Hi All!We have a rental property in CO and we are also going to be renting out our primary when/if we move to the UK in the next view months (waiting on a job offer). I wanted to put them both in LLCs, but I'm not su...
Craig Fitzpatrick II
When is a unit deemed vacant?
I have a section 8 tenant who has taken ownership of the utilities although it seems as if they haven't moved into the unit for close to a month. Is the unit considered vacant?
Account Closed
Investor looking to buy in Detroit
Major reason's to invest in Detroit are as follows
1. An entity with ties to Carlos Slim Helú, the Mexican business mogul with a net worth Forbes magazine pegs as $77.1 billion, has purchased a downtown Detroit offic...
Patrick Q.
What Can Be Paid For With Credit Cards
Hello guys,Reaching out to see if anybody has used credit cards for realtor commisions associated with aquisitions.In my senario, I would be potentially paying the realtor fees as part of the deal structure.It is reli...
Andy Chen
When to collect security deposit?
Sorry for a newbie question. I am very excited about the first approved application. When should I collect the security deposit? Should it be before signing the contract or after signing. Please advise.Thanks,Andy
Andrew Freed
Has anyone else experienced a bank changing terms mid-loan?
I am in the process of closing on a 5 unit in Worcester MA. I shopped around a ton of lenders and ended up on a lender that offered the following: 5/1 ARM 12 months interest only, 5.25%, 30 year amortization, 20% down...
Tyler D Cash
What HELOC rates are you accepting right now?
I have one investment property and currently applying for HELOCs ($446k estimated value and $348k remaining on mortgage). I got approved for one at 75K and 10.8% which I declined, and a second at 50k and 8.49% which I...
Eric Sung
Renovating rental apartments
Close to purchasing my first rental property. We want to renovate the apartment in order to increase the possible renting rate. Any recommendations on flooring that is durable, looks good and is relatively inexpensive...