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All Forum Posts by: Corey Demuth

Corey Demuth has started 54 posts and replied 424 times.

Post: How do you find properties to rehab?

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

Are you buying them with cash? can it be done with cash and hard money?

Post: How do you find properties to rehab?

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

Rehabbers: How do you locate properties to buy, rehab, and then either resell for immediate profit or rent out, lease-to-own, etc.

Post: Tax Implications of 6+ Land Contracts

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

what exactly is a "land contract" ?

Post: Real estate software for Windows / PCs...?

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

I'm sorry I don't mean software for a real estate agent, more like for an investor. To help you crunch the numbers on properties you're evaluating, maybe keep track of rentals you own, etc

Post: Analysis for wholsaling?

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

Oh okay I had the repair part backwards. Makes sense.

Originally posted by Jon Holdman:
Currently, you're going to have to give seller concessions of about 3% to most retail buyers. So, that's going to push you toward the bottom end of that range.

What do you mean? Can you explain seller concessions?

Post: Real estate software for Windows / PCs...?

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

the mac thread raised an interesting question for me: does anyone know of good real estate software out there for windows or linux?

Post: Analysis for wholsaling?

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

Jon, for rehabs you're supposed to pay no more than 70% of After Repaired Value + the cost of repairs, right?

So for example, a home worth 135k after 20k of repairs, you should pay no more than 108.5k correct? Or do I have it wrong

Post: I just had to share this news headline.....

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

newspapers are totally garbage IMO. I was reading on ZDNet the other day about how the internet is killing off newspapers. Like Craigslist is slaughtering their classifieds business for example. They were making it out to be a sad thing, I figure good riddance, I cannot think of a time I picked up a newspaper and didn't end up tossing it aside in disgust...

Post: Started writing LOI's

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

PA is Purchase Agreement if I recall correctly. I'm not familiar with LOI, which probably explains why the 70+ year old owners of these properties don't know what it is either!

Post: I just had to share this news headline.....

Corey DemuthPosted
  • Real Estate Agent
  • Tampa, FL
  • Posts 456
  • Votes 123

rofl. thanks guys, I needed a good laugh