This is what I want to know when presenting an offer to a seller should offer 40%-70% of the ASKING PRICE or VALUE PRICE (Homes worth) ?
And what would be a good percentage to start off at?
Thank you all again who r...
Trying to purchase a 12 unit but the owner says he can't give me the Financials because they are in his tax forms and it will cost $500 for his CPA to produce the data.Shouldn't the the books be separate from his pers...
I only have one property. I don't anticipate buying more anytime soon.For personal finances, I used MS Money and now Quicken. I don't have a lot of maintenance, other than replacing appliances over time. I self-man...
Hey there,
Newbie here. Really have been in the research stage at this point, but ready to make my move into the 'real' world. I have some great prospects and am in the process of getting started.
My question is - ...
Hey guys! I am an Architectural Designer and I am new to the real estate world. Just purchased a 2-Unit Multi-family in an up and coming neighborhood and looking to learn as much as I can in order to expand my real es...
Hi FH family,
I received an offer on a home I have under contract. Asking $16k, will take a minimum of $12k, which will give me a $2k fee. I have an investor who has offered $14k, if I would accept a $5k non-refunda...
I'm looking to buy a BRRRR property using owner financing and renting it out after the first year.I ran the financials on the deal and think I can make it work if I get the right purchase price.The property is a singl...
Do you suck as an investor? You know what I mean, are you an investor who just sucks knowledge and resources from others without giving anything in return? Do you expect others to just impart their experience and know...
Thanks for checking out the post!I have been getting a lot of calls, emails, etc from a lot of new investors looking to get started in the investment world. I am always happy to work with new investors! The biggest qu...
Just to let everyone know, yesterday I got a counter-offer on a HUD home with a net-to-HUD at 60% of list. This one had been on the market, then under contract, now back on the market again. My guess is that it w...