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All Forum Posts by: Account Closed

Account Closed has started 5 posts and replied 87 times.

Post: Referral Partner vs.Realtor

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

@Bill S. I understand. I have several clients from Colorado and a very good Referral Partner there. 

Post: Referral Partner vs.Realtor

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

@Bill S. well I guess it is a good thing we are not based in Colorado! That is not how it is in Indiana but I do realize laws and regulations vary from state to state.

All properties we sell we own. In Indiana you do not need a license if you are selling your OWN property only if you are acting as a sellers agent of a property you do not own. Our referral partners are not selling just referring buyers to us and we then take it from there. So the referrer is not selling anything nor are they collecting financial information. This has worked very well over several years for us, the investor and referral partner. Win win win for all involved!

Post: Prorated Rent at Closing

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

We give a credit on the HUD for the amount of pro rated rent.

Indianapolis is a really strong market. I have been investing here for many years.

Post: Tenant Applicants say the dumbest things

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

This is hilarious...thanks all for the laughs!!!!!!!!

Post: Newbie

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

Welcome to BP!

Post: Property Class and Cash Flow

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

C's

Post: Wholesaling for Cash Flow

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

Indianapolis is a strong market and being a referral partner is a good way to get cash fast to buy rentals to hold and enjoy cash flow!

Post: best cash flow

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

Indianapolis is a great market!

Post: Cap Rates

Account ClosedPosted
  • Investor
  • Indianapolis, IN
  • Posts 100
  • Votes 13

It is most often used in commercial real estate where value is more driven by rental rates than appreciation which is where residential real estate gets its rate of return on a long term hold.