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The Investor's Edge
United States
Приєднався 4 жов 2009
Are you a new real estate investor trying to secure your financial future? I'll show you all of my best real estate secrets to help advance your knowledge, so you can build more wealth, and achieve the life of financial freedom you've always dreamed of.
If you're serious about investing in real estate, now you have your very own REI expert in your corner! I'll show you all of the latest investing strategies including fix and flip, the BRRRR method, wholesaling, land, and more, so you can turn your investments into major profits.
Be sure to subscribe for weekly videos to help motivate you to take action. Between real-life examples, my best what's-working-now investing strategies, and tons of ideas you can start implementing today, you'll be able to complete your first deal in no time.
If you believe that additional assistance would benefit you, consider becoming a member of our Find-Fund-Flip System. Software, training, and funding all at your finger tips, just call 801-948-9563!
If you're serious about investing in real estate, now you have your very own REI expert in your corner! I'll show you all of the latest investing strategies including fix and flip, the BRRRR method, wholesaling, land, and more, so you can turn your investments into major profits.
Be sure to subscribe for weekly videos to help motivate you to take action. Between real-life examples, my best what's-working-now investing strategies, and tons of ideas you can start implementing today, you'll be able to complete your first deal in no time.
If you believe that additional assistance would benefit you, consider becoming a member of our Find-Fund-Flip System. Software, training, and funding all at your finger tips, just call 801-948-9563!
Will Mortgage Interest Rates Help or Hurt Me as a New Real Estate Investor?
www.theinvestorsedge.com/learn-more-yt At the time of this recording, Interest Rates are a hot topic. They've been high for a while and now it looks like they might be coming down. If you're new to real estate investing, this is a topic you need to understand so you can execute the correct strategies to be a profitable real estate investor.
We offer up to 100% financing on hard money loans for fix and flips. Schedule your free consultation with one of our Investment Associates to see if your deal qualifies: www.theinvestorsedge.com/learn-more-yt
We offer up to 100% financing on hard money loans for fix and flips. Schedule your free consultation with one of our Investment Associates to see if your deal qualifies: www.theinvestorsedge.com/learn-more-yt
Переглядів: 51
Відео
Real Estate Investing Deal Checklist (How to consistently find profitable real estate deals)
Переглядів 11821 день тому
www.theinvestorsedge.com/learn-more-yt Are you new to real estate investing or not finding the success you want? If so, this video is perfect for you. In this video, Ryan breaks down his 6-Step Checklist to find profitable real estate investing deals. 1. You first need to identify your personal financial situation. This will let you know what you qualify for to start investing in. 2. Identify t...
How to send an Offer Letter or Purchase Contract on a Real Estate Investment Property (FAQ)
Переглядів 65Місяць тому
www.theinvestorsedge.com/learn-more-yt In this video, Ryan explains a frequently asked question of "How to send an offer letter or purchase contract on a real estate investment property." So a purchase contract, also known as REPC, real estate purchase contract, is your offer to purchase the property. So you're saying, hey. Here's the purchase contract, or I'm making an offer on the property. W...
What should you add to your Offer Letter/Purchase Contract on your real estate investing deal? (FAQ)
Переглядів 28Місяць тому
www.theinvestorsedge.com/learn-more-yt In this video Ryan is answering the frequently asked question of "What should you add to your offer letter or purchase contract on your real estate investing deal?" Are you ready to become a real estate investor? Schedule your free consultation to see how you can get up to 100% financing on your real estate deal: www.theinvestorsedge.com/learn-more-yt
DSCR Loans for Real Estate Investing Explained
Переглядів 481Місяць тому
www.theinvestorsedge.com/learn-more-yt In this video Ryan explains how to use leverage and DSCR (Debt Service Coverage Ratio) Loans to maximize your real estate investing in single family rental properties. Are you ready to get up to 100% financing on a hard money loan and then turn that property into a long term rental with a DSCR loan? If so, fill out the form to schedule a free consultation ...
What if You Can't Find Comps For Your Real Estate Investing Subject Property? (FAQ)
Переглядів 422 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video, Ryan answers a frequently asked question of "What if you can't find comps for your subject property?" This typically happens in more rural areas, but if you do find yourself in this situation you'll want to watch this video. Ryan emphasizes the difference between real estate investing and real estate speculation. Whey you have good comps you...
What are your requirements for comparable sales for an investment property? (FAQ)
Переглядів 482 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video, Ryan answers a frequently asked question of "What are your requirements for comparable sales for an investment property?" So you bought a house in distress for a great price and you've fixed it up and you're ready to sell it. Your buyer is most likely going to buy that property using an FHA loan. That's why we use the FHA appraisal guideline...
Why Do You Need Comps For Real Estate Investment Properties? (FAQ)
Переглядів 382 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video we are answering a frequently asked question of "Why do you need comps for real estate investment properties?" Well, first off, let's talk about what are comps. Comps are short for comparables, and comparables are how we establish value. Value for real estate is established in a few different ways. One's a comparable sales approach, one's a c...
Can I get Funding with negative stuff on my credit report? (FAQ)
Переглядів 752 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video, Ryan is covering one of our frequently asked questions of "Can I get funding with negative stuff on my credit report?" Ryan covers all of the different options you have if you have negative stuff on your credit report. To get funding from us you cannot be in an active bankruptcy, you cannot be in an active foreclosure, no judgements, collect...
What Credit Score Do You Need To Get A Hard Money Loan with The Investor's Edge (FAQ)
Переглядів 652 місяці тому
www.theinvestorsedge.com/learn-more-yt We do not look for a specific credit score to get you approved. We’re an asset-based lender, so the most important thing to us is the deal. When it comes to credit history, you cannot be in an active bankruptcy, you cannot be in an active foreclosure, no judgements, collections, tax-liens or charge-offs against you with a balance of more than $2,000. As lo...
How to Start Investing in Real Estate in 2024 on an Average Salary (3 Strategies Included)
Переглядів 1212 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video, Ryan breaks down how you can start investing in real estate this year even if you have an average salary. He breaks down 3 different strategies that you can use. The first strategy is what he calls house hacking. This is a great strategy if you have good credit. If you don’t have good credit, you can use strategy #2, which is Land Flipping. ...
How Does The Investor's Edge Determine the ARV (After Repair Value)? (FAQ)
Переглядів 752 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video, Ryan is explaining a frequently asked question of "How does The Investor's Edge determine the ARV (After Repair Value) of the property? This ain't gonna be done in one of two ways. One way is going to be an appraisal. This appraisal is going to be an ARV repaired value appraisal. With this, we have a scope of work and what's planning on bein...
Do I have to make interest payments on my hard money loan? (FAQ)
Переглядів 402 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video Ryan explains a frequently asked question of "Do I have to make interest payments on my hard money loan?" Most hard money loans require you to pay the monthly interest, but with our 100% financing hard money loan, we wrap 5 months of interest into the loan so you won't have to make that monthly payment for the first 5 months. The goal is for ...
How do I get Proof of Funds for my Hard Money Loan? (FAQ)
Переглядів 613 місяці тому
www.theinvestorsedge.com/learn-more-yt In this video, Ryan answers one of our frequently asked questions of "How do I get my Proof of Funds Letter" when you are getting an investment property under contract. When you get approved and become a member with The Investor's Edge, you will have access to our members area. In our Members Area, you will be able to enter your property information into o...
How I'd Invest in Real Estate from Scratch in 2024 (From 22 years of real estate investing)
Переглядів 4923 місяці тому
www.theinvestorsedge.com/learn-more-yt Ryan has over 22 years of experience investing in residential real estate and is breaking down how he would invest in real estate in 2024 if he had to start all over again. If you're interested in learning more about how you can use hard money to achieve your real estate investing goals, schedule your free consultation with one of our investment associates...
How Does Your Fix N Flip Program Work? (FAQ)
Переглядів 753 місяці тому
How Does Your Fix N Flip Program Work? (FAQ)
Can You Lend on Buy N Hold, Fix N Hold, or Long Term Rentals? (FAQ)
Переглядів 433 місяці тому
Can You Lend on Buy N Hold, Fix N Hold, or Long Term Rentals? (FAQ)
What's the Max Rehab Budget for a Hard Money Loan with The Investor's Edge (FAQ)
Переглядів 503 місяці тому
What's the Max Rehab Budget for a Hard Money Loan with The Investor's Edge (FAQ)
Is There A Minimum Loan Amount for a Hard Money Loan at The Investor's Edge? (FAQ)
Переглядів 413 місяці тому
Is There A Minimum Loan Amount for a Hard Money Loan at The Investor's Edge? (FAQ)
How to Use Postcards with The Investor's Edge software (FAQ)
Переглядів 463 місяці тому
How to Use Postcards with The Investor's Edge software (FAQ)
How to do Skip Tracing using The Investor's Edge software (FAQ)
Переглядів 1023 місяці тому
How to do Skip Tracing using The Investor's Edge software (FAQ)
Can I do Hard Money Deals with Another Lender After I Enroll As A Member With The Investor's Edge?
Переглядів 333 місяці тому
Can I do Hard Money Deals with Another Lender After I Enroll As A Member With The Investor's Edge?
Can You Fund Properties Purchased from an Auction with a Hard Money Loan? (FAQ)
Переглядів 933 місяці тому
Can You Fund Properties Purchased from an Auction with a Hard Money Loan? (FAQ)
Will You Lend in Areas That Have High Crime Rates?
Переглядів 253 місяці тому
Will You Lend in Areas That Have High Crime Rates?
What is a Hard Money Loan Worst Case Scenario? - Frequently Asked Question (FAQ)
Переглядів 1443 місяці тому
What is a Hard Money Loan Worst Case Scenario? - Frequently Asked Question (FAQ)
6 Passive Real Estate Investing Strategies
Переглядів 1693 місяці тому
6 Passive Real Estate Investing Strategies
How do you know if you should Wholesale, Flip, or Hold Properties as a real estate investor? (FAQ)
Переглядів 463 місяці тому
How do you know if you should Wholesale, Flip, or Hold Properties as a real estate investor? (FAQ)
Do You Do Same Day Closings with Wholesalers? (FAQ)
Переглядів 443 місяці тому
Do You Do Same Day Closings with Wholesalers? (FAQ)
Can you help me find a real estate investment wholesale deal? (FAQ)
Переглядів 634 місяці тому
Can you help me find a real estate investment wholesale deal? (FAQ)
Do we lend Hard Money on Mobile Homes, Manufactured Homes, & Modular Homes? (FAQ)
Переглядів 784 місяці тому
Do we lend Hard Money on Mobile Homes, Manufactured Homes, & Modular Homes? (FAQ)
Say if you bid 100$ you have to pay what other fees if you win?
The winning bid on a housing auction is not necessarily the final price. There are often additional fees and costs associated with purchasing a property at auction that will be added to the winning bid. Some of these are: - Buyer's premium: A percentage of the winning bid that is paid to the auction company. - Closing costs: These can include fees for title search, appraisal, loan origination, and other expenses related to the transfer of ownership. - Unpaid taxes or liens: The buyer may be responsible for any outstanding debts on the property. - Repairs or renovations: If the property is in need of repair, the buyer will need to factor in these costs. It's important to research the specific auction terms and conditions to understand all potential costs involved before bidding on a property. You can usually find this information in the auction listing or by contacting the auction company directly. Hope that helps.
@@theinvestorsedge thanks! What professional can we contact for finding out liens that may be on the property before hand?
@@Yourstrulyleah You would want to reach out to a title company or real estate attorney to help you with that.
It was super helpful, thank you!
How do I start .I want to buy property and rent it out .
Schedule your free consultation with one of our Investment Associates using this link: www.theinvestorsedge.com/learn-more-yt
Super beginner friendly and detailed! Thank you for taking the time to explain this!
Thanks Savannah! We appreciate the feedback 😃
I like this Guy!
Thanks Donna 😃
I've been making a lot of losses trying to make profit in trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
We are a real estate investing company. Sounds like you are talking about trading in the financial markets. Not sure if you posted to the wrong video? If you would like to see how we can help you with real estate investing schedule a free consultation with us at www.theinvestorsedge.com/learn-more-yt
I need know about FHA requirements for possible mold in basements.
The Federal Housing Administration (FHA) does not have specific requirements regarding mold in basements. However, FHA appraisals do require the reporting of any adverse conditions that may affect the health and safety of occupants, the property's ability to serve as collateral, or the structural soundness of the home. Here's what you need to know about mold in basements and FHA appraisals: Reporting: If an FHA appraiser observes mold during the appraisal, they are required to note it in their report. Recommendations: The appraiser may recommend further inspection by a qualified professional and/or remediation of the mold issue. Responsibility: While the appraiser will note the presence of mold, it is not their responsibility to determine the extent of the problem or provide solutions. It is ultimately the buyer's responsibility to investigate and address any mold issues. Loan Approval: The presence of mold does not automatically disqualify a property from FHA financing, but it may need to be remediated before the loan can be approved. Here are some resources for further information: Mold-Related Issues and FHA Loans: www.fha.com/fha_article?id=2869 FHA Appraisals and Mold Issues: www.fha.com/fha_article?id=667 Recommendations: Home Inspection: It is highly recommended that buyers obtain a professional home inspection to identify any potential issues, including mold. Mold Remediation: If mold is discovered, it is important to have it remediated by a qualified professional before closing on the home.
What happens at the end of my term policy of 20 years if my spouse is stainless alive it is convertible to whole. Did I do Good? What advice do you have.? I could only get a 5,000 policy for me I’m older that my spouse. Thx
Hi Vickie, everyone's situation is different. That's why I shared multiple ways to do this strategy. You can get a term policy that is convertible, but it is a little more expensive that regular term life insurance. If you only qualify for a $5,000 term policy than the term insurance strategy might not be a good fit. It's all about weighing your options and making the best decision based on your circumstances.
Hello Ryan, I just had a quick question about the bidding. is the winning bid the final price you will end up paying for the home? I'm currently bidding on a home and the bid is up to 50,000 and I find hard to believe that I'll be paying for a brand new home for only 50000.
No, the winning bid on a housing auction is not necessarily the final price. There are often additional fees and costs associated with purchasing a property at auction that will be added to the winning bid. These may include: - Buyer's premium: A percentage of the winning bid that is paid to the auction company. - Closing costs: These can include fees for title search, appraisal, loan origination, and other expenses related to the transfer of ownership. - Unpaid taxes or liens: The buyer may be responsible for any outstanding debts on the property. - Repairs or renovations: If the property is in need of repair, the buyer will need to factor in these costs. It's important to research the specific auction terms and conditions to understand all potential costs involved before bidding on a property. You can usually find this information in the auction listing or by contacting the auction company directly. Additionally, there are different types of auctions with varying terms. For example, in an absolute auction, the property is sold to the highest bidder regardless of price. In a reserve auction, the seller sets a minimum price that must be met for the property to be sold. Hope that helps.
Stop walking around in circles!
Sorry about that. We now have a recording studio and quit doing these types of videos. Thanks for you patience.
Agree
Thank you for the info. I really want to purchase this home at a very good price. It's in Ohio so the basement is a little messy. Definitely signs of water intrusion along the bottom of the walls. The big concern is a stair crack in the mortar. Its vertical and is wider at the top. I dont see any damage outside of the basement rest of the home looks solid. The home is only 456 sq ft. What do you think the maximum i would have to pay to repair/mitigate the basement? I'm getting such a deal that anything less than 30k and i think im gonna pull the trigger. I am in the process of getting a structural engineer to evaluate.
Congrats on finding a good deal. Definitely find out the extent of the damage from the structural engineer to see what the cost will be to fix it.
@@theinvestorsedge Just got the report. Suggests better grading and extension of gutters. Apparently they are draining directly into the corners of the home. Says walls are average for a home of this age and no major bowing should be expected as the basement is only 4 feet below grade. I'm buying the house!
@@SwagAli Congrats! That's great news.
How does interest rates with DSCR compare to other finance options (such as traditional non-owner occ mortgage)? Who are the best lenders of DSCRs?
DSCR loans have a lower interest rate than hard money loans, but a higher interest rate than a traditional non-owner occupied mortgage loan. While the traditional side is a little cheaper, you will be limited on the traditional side because the qualification is based on your credit and income. We work with multiple lenders to offer DSCR loans. You can get a free consultation with one of our Investment Associates to learn more about our DSCR loans by filling out this form: www.theinvestorsedge.com/learn-more-yt
Thank you but not so mutch tax if you role it into another house of the same amount or more ? Thank you
Thanks 😃
What happens when the bank wins the auction?
When a bank "wins" an auction for a foreclosed property, it means that no bidder offered a price that met or exceeded the bank's reserve price (the minimum amount they are willing to accept). In this scenario, the property goes back to the bank and becomes a real estate owned (REO) property.
What’s mortgage protection insurance
Mortgage protection insurance (MPI), also known as mortgage life insurance, is a type of insurance policy designed to pay off your remaining mortgage balance if you die before the mortgage is fully paid. This can provide financial security for your loved ones, ensuring they won't be burdened with mortgage payments if you pass away unexpectedly.
FHA is asking about power lines in the back of the house about 300 feet in the air. It’s coming over to the side of our house. Should I worry about not getting the loan?
You will need to talk to your lender or appraiser to see if your property qualifies, but these are some of the FHA guidelines. Overhead Power Lines: FHA guidelines stipulate that overhead electric power transmission lines cannot pass directly over any dwelling, structure, or related property improvement, including pools. If such lines exist, they must be relocated for the property to be eligible for FHA-insured financing. Drop Lines: Electrical drop lines (lines connecting the main power line to the property) cannot pass over any water-based feature of the property, such as a pool or outdoor hot tub. Easements: If the dwelling or related property improvements are located within the easement area of local distribution lines, the mortgagee must obtain a certification from the appropriate utility company or local regulatory agency stating that the relationship between the improvements and the lines conforms to local standards and is safe. Additional Considerations: Marketability: Even if a property meets FHA guidelines regarding powerlines, the appraiser must still consider the property's marketability. The proximity of powerlines, especially large transmission lines or substations, could impact the property's value and appeal to potential buyers. Fall Zones: Although no longer a specific requirement, appraisers must consider the potential safety issue of a property being located within the fall zone of power lines. If the property is deemed unsafe, it may not be eligible for FHA financing.
I keep getting turned down for life insurance because of my history of health problems, I am a 63-year-old male. Do you have any suggestions on insurance company's that i can apply with . Thank you.
That stinks about getting turned down. Sorry, but we don't have a good life insurance company based on overcoming health problems and age.
What would be better under the scenario, your older, 60 + years, and your facing a disability where you can't work. Wouldn't MPI be better?
Every situation is different. If you are older than 60+ you might not be able to get term life insurance, so maybe MPI would be the way to go. This is just a recommendation from Ryan based on his situation. You should always make your own decisions based on your own circumstances. Hope that helps.
but we are passed the date ..so do we do a new contract I could not close I lost my job had a new one and the new one starts 10 days after the close date we had...now the emplyment is tied to financial capabilites to close or purchase so they cant sue me for the repair works right??? I can purchase but because my income went down IU can purchase for 7000 less all inspectios done\
Since your contract has expired, it's too late to do an addendum to extend the contract. You would need to do a new contract. We recommend consulting a real estate attorney about the possibility of being sued based on the terms of your contract. It depends on your state and the contract terms that you signed.
As a contractor myself this is inspiring!!!
Awesome, that's great to hear 😃
Perfection.
Thank you!
Well, my case I found out that house is the prices went way down right before them to close. How do I do that?
you mean you have an accepted offer and now the houses in your area are going down, that a hard one i do not see nay videos on this at all... they all do the same video, what does happen if you have an accepted offer ...that a good question i have looked and there are no vidoes to help i have seen
If you put in an offer and found that housing prices are going down in that area, you should work to renegotiate with the seller by showing them the appraised value and why it's not worth the initial offer. See if they will work with you based on current market values. Show them the numbers and why you won't be able to make any money on this as a real estate investor because of the market going down. Hope that helps.
@@theinvestorsedge thank you it not an investment property i plan to live there but for about 5 years only... as well the appraised value was above asking however, I am looking at sales 45 days later and a letter that say i can not even get the property insured, for a reasonable price...it had afire 10 years ago or becasue itr was built in 1940...just not sure why..but if they do not come down I will not buy it...157 t0 1500 or lower
@@tjlivejaxkson231 It might be worth getting a real estate attorney involved to make sure you can get the property insured.
Hello, i have a EIN and LLC register in Wyoming, as a foreign investor i want to buy a Land in Georgia, but when I discuss with a title company they said the docs have to be signed in person with a mobile notary, How to sign the deed docs from outside USA?
It's highly recommended to consult with a real estate attorney in Georgia who can guide you through the process, ensure you comply with all legal requirements, and address any specific questions or concerns you may have. They can also help you determine the best option for signing your deed documents based on your individual circumstances. With that said these are some possible options to sign deed documents in Georgia from outside the USA: U.S. Embassy or Consulate: The most straightforward and reliable method is to visit the U.S. Embassy or Consulate in the country where you are located. They can act as a notary and witness your signature on the deed documents. Be sure to schedule an appointment in advance. Remote Online Notarization (RON): Georgia allows for Remote Online Notarization, where you can appear before a Georgia notary public virtually and sign your documents electronically. Ensure the notary is commissioned in Georgia and familiar with the state's specific requirements for RON. Notary and Apostille: You can have the deed documents notarized by a local notary in the country where you are located. Afterward, you will need to obtain an apostille, which is a certificate that authenticates the notary's signature and seal. This confirms that the notarization is valid in the U.S. and specifically in Georgia. Commissioners of Deeds for Georgia: Georgia has commissioners of deeds appointed in various countries. These individuals are authorized to administer oaths, take depositions, and witness signatures on documents for use in Georgia. This can be a convenient option if available in your location. Again, consult with your real estate attorney in Georgia to figure out what will work for your title company.
Don’t listen to these other people, keep walking around! I feel like I’m on a rollercoaster. lol joking appreciate the information
Ha ha, thanks. We now have a dedicated recording studio so no more filming while walking.
My house went to foreclosure, not because I wasn't able or willing to pay, but because the lender would not process my lost mitigation paperwork after my brother, who was the mortgager, has died. They said they didn't have enough time. They misled me and then took my house to auction. I'm trying to fight with a wrongful foreclosure attorney and I'm trying to figure out what I can do. In the meantime, I need to know how long I have to stay in the house in virginia. Please help
So sorry to hear that. That is terrible. You will need to have your real estate attorney to talk with your bank to see how long you have to stay in the house.
This guy is giving me motion sickness, couldn’t concentrate on his lecture…thumbs down
So sorry about that. We not have a dedicated studio ,so no more motion sickness.
If I win the auction and backed out Due to unclean title or bad condition of the home. Besides getting EMD, what about my buyer’s premium (13%)?
It all depends on the contract with that private auction. You need to read the contract and see if they keep the buyer's premium or not if you back out. If you're having trouble figuring it out, we would recommend consulting with a local real estate attorney to make sure you understand the contract.
I just inherited a family home. Will they try to sell it if I file chapter 7?
i filed chapter 7 right after IRS seized my house. they were doing inventory to my property when i emailed the person incharge of the sale , they stopped and left and i have not heard any one from their office. my question is i was evicted from my home and us marshalls had to escort me out, can i return to my home ?
Sorry to hear about your situation. You definitely need to get legal advice on that from an attorney.
This video does a fantastic job of breaking down the pros and cons of hard money loans, making it easy to understand their benefits and drawbacks. It's a great resource for anyone considering this type of financing for their real estate projects. For those seeking a reliable lending partner, Insula Capital Group is an excellent choice. As a leading nationwide private lender, Insula offers seamless loan approvals, minimal documentation, and competitive rates with no junk fees. They provide tailored solutions for various real estate ventures, including new construction loans in New Mexico, Florida, and many other states across the US. With over 30 years of experience, Insula is dedicated to supporting your real estate projects and helping you achieve your financial goals.
When the mortgage co.payoff your mortgage and they can take it away from you. Is this correct or not?
Are you asking if the mortgage protection insurance will stop if you pay off your mortgage?
Is it possible for REOs to still have liens on them, like second mortgages, back taxes, etc?
Wat if properties had a non livable violation sticker?
Yes, you can technically buy a house with a non-livable violation sticker, but it comes with significant considerations and potential challenges: Challenges: Financing: Most traditional lenders will not provide a mortgage for a property with a non-livable violation sticker. You may need to explore alternative financing options like cash purchases or private loans. Repairs: You will be responsible for addressing all the violations listed on the sticker before the property can be deemed habitable. This can involve significant time, effort, and financial investment. Legal Issues: If the seller did not disclose the violations, you might have legal recourse, but it could be a complex and lengthy process. Considerations: Price: The property is likely to be sold at a significantly lower price due to the required repairs and associated risks. Investment Opportunity: If you are prepared for the challenges and have the resources to address the violations, it could be a profitable investment opportunity. Professional Inspection: It's crucial to have a thorough inspection done by a qualified professional to understand the full extent of the repairs needed and associated costs. Recommendation: Before purchasing a property with a non-livable violation sticker, consult with a real estate attorney and a contractor to assess the feasibility and potential risks involved. This will help you make an informed decision and avoid costly surprises.
Great information, thanks. May I suggest setting up your tripod somewhere that doesn't look like a prison cell.
Thanks for the feedback. We have a recording studio now.
Great info, Ryan!
Thanks 😃
What tool can u use to get comps?
We use paid tools. We have our own in-house software to do this. If you have access to your local MLS you could use that. If you would like to talk to one of our Investment associates to get more details on our software, schedule your free appointment at www.theinvestorsedge.com/learn-more-yt
Hi, van you also talk about hard money risk from the lender’s side, instead of borrow’s side. Thank you
Great question. We will do a future video focusing on the lender side. Thanks.
Can you check anonymously about a height regulation violation?
The first thing to do is to find your local zoning codes to determine the height allowed for structures in your area. These codes will vary based on where you live. Most cities allow anonymous reporting through online forms or through a code enforcement phone line. Ultimately, the anonymous part depends on the city that the property is located in.
Start at 3:00
Thank you so much for this. Have been receiving those nonsense calls and I wasn't sure what to do! Thanks so much again 🙏
Awesome, we're glad it helped.
Hi.I didn't get your website.
www.theinvestorsedge.com/learn-more-yt
Good info!
Thank you 😃
House has a mortgage, two siblings and not sure of the buyout process. Thank you!
Good stuff.
Thanks 😃
Congrats ❤
Thanks 😃
Hello what is a good term life insurance for someone who has medical problems already it's hard to find that want charge you a arm and leg...thks
It's so hard to find a good term life insurance policy if you already have medical problems. I don't know of a good one for that. Sorry.
This is my issue . I just want an associates degree in business administration . Not really wanting a bachelors degree I mean it’s an option if I want . I’m hoping to get an internship gain experience then at some stage associates degree . The problem with property management everyone wants you to have a bachelors plus 5 years experience . Is there away for me to bypass the bachelors and head straight into property management ? Do property management companies at least care you have an associates with experience ?
That's a great question. Many of the larger companies have an HR department that screen out people who don't have a bachelor's degree. You might have better luck calling and prospecting smaller companies. Go into their office and introduce yourself. Drop off your resume. Show them that you're an A player. If you don't meet their qualifications, show them why they should hire you. You need to do everything you can to stand out. I would say this is true too even if you meet the minimum qualifications.
Are there cases where cities may agree to subdivide a parcel and sell one part of it? I'm interested in a residential-zoned parcel that appears to have been acquired by the city for a vehicle right-of-way to a stream. The adjacent parcel they own does not have direct access to the stream, and they appear to be only using a small portion of the parcel.
That's a great question. Every city and state is different when it comes to what they will do. In your situation, we would recommend hiring a real estate attorney to help you work with the city to see if they would be willing to do this.
@@theinvestorsedge I just realized you are a fellow Utahn, do you happen to know state laws here regarding this? I might consider finding an attorney if the city may have any interest selling this parcel, thanks for the advice!
@@okzoomer5728 Yes, we are based in Utah. We always consult our real estate attorney for matters like this.
Great info.
Thanks Denise 😃