Paul OBryan
Should I get pre-qualified by multiple lenders?
My wife and I plan to buy our first small MF property out of state (we're in CA) sometime this year. We are just beginning the process of getting pre-qualified for a particular state and have had preliminary conversat...
Samantha M.
Learning to Estimate Repair Costs Accurately
To find a great property it requires two things: accurate ARV and precise ERC. When learning to estimate ERC correctly I was thinking the best way to go about it is to find active rehabbers at REI clubs, see if you ca...
Jerryll Noorden
Historic Homes
Most importantly,My "m" didn't work, and I typed, "Historic hoes". I cracked myself up a little.Now ...So...I have a home built in the late 1800.Original floors walls etc. etc. I figured it will cost a fortune to brin...
Corey Dutton
Are Home Flips Taking Longer to Resell in 2013?
A couple of my most active real estate flippers in the Utah market called me this week with a problem. Both of these investors are still sitting on their most recently rehabbed properties after nearly 6 months, and t...
Kris Rufino
Seller asking for Appraisal
Hi all,
We are currently in the DD period and have asked the seller for concessions that we thought were most important to us during our inspections. The seller is now asking for the inspection report and appraisal. ...
Joel Owens
Multifamily PEAK coming to fruition?
I have been saying this for awhile that the market is frothy and that IF you buy larger multifamily you better be using conservative underwriting numbers.Those placing money into properties with the prediction of abov...
Stephen Seaberry
I'M STUCK!!! No idea how to estimate rehab cost
So I've read @J Scott's The Book on Flipping Houses, purchased the Enterprise Edition of the house flipping spreadsheet, navigated Homewyse.com for hours, and I'm still stuck. I have absolutely no experience in cons...
Sandy Uhlmann
NP second in Kansas: Cross Claim or answer out of time?
I have a NP second in KS. Currently there is equity in this home. According to Netronline, the first has initiated FC (in April) but now, according to court info the case is "on hold for loss mitigation" I contacte...
Eric L.
EPA makes it illegal to be a handyman - Seriously
I'm surprised I haven't seen this posted yet. I just came across this last night.
In April it will be illegal to work on your own house. Anyone doing work on properties built before 1978 have to n...
Bernard B.
newbie to REO flips need advice
Hey Guy's and Gal's I am new to this REO flip niche can anyone give me basic step by step advice on what to do from start to finish. I am looking for the easiest and simple method scince this will be my first REO flip...