All Forum Posts by: Michael J.

Here are a few options:

1. 1. You go over there and have a talk with the neighbors. Level with them. Let them know that their nightly sessions are causing problems for the family next door and see if they'd be willing to take it somewhere less intrusive. They might be cool about it.
2. 2. If that doesn't work or you're uncomfortable with it, bring in a mediator. They'll help facilitate a conversation and reach a compromise.
3. 3. If all else fails, you can always report the issue to the local authorities. It’s not the first option because no one wants to start a neighborhood war, but you got to protect your business.

And remember, this is all about your tenants. They're your clients, your bread and butter. You need to show them you're there to support them, you're trying to make the situation better. They’ll appreciate the efforts, trust me.

Good luck!

First off, YES, it's possible. A HELOC, Home Equity Line of Credit, is essentially a credit card attached to your house. Your parents can borrow against the equity in their home and use it pretty much however they want, including investing in your projects. They just need to be careful that they can make the payments on it or the bank could foreclose.

Secondly, they sure CAN invest in your projects. Now, whether it's a good idea or not is something else entirely. You'd better be sure you're going to be able to return their investment plus interest, or Thanksgiving dinner could get real uncomfortable.

As far as the LLC, that's no problem either. They can make a personal loan to the LLC, or they could become members of the LLC and invest that way. Either way, make sure you've got a rock solid operating agreement in place that lays out exactly what happens if the investment goes south.

Just remember, we're talking about your folks' home here. If you screw this up, it's not just a failed business venture, it could put their house at risk. So do your due diligence. Get advice from professionals. And above all, make sure it's a deal that makes sense.

Keep grinding, keep learning, and don't be afraid to take calculated risks. That's how you win in this game. Good luck.

While your lender's suggestion about going through a local title company's attorney could be cheaper, you've got to look at this like a BUSINESS deal. Cheaper isn't always better.

You're dealing with an elderly family friend here, and that means trust is involved. You don't want to break that trust by screwing up the paperwork. A local attorney with REAL ESTATE experience knows your local laws, knows the industry, and can navigate this deal like a shark in bloody water.

Invest in that attorney and protect both sides of the deal. That's how you WIN. It might cost a little more upfront, but think about the money you're already saving and the value you're creating in the long run. 

Good luck and get that house!

Hey there, my friend! First things first, give yourself a pat on the back for taking the initiative to step into the real estate game. That's the kind of drive that gets results, and I like your attitude.

Now, let's break this down. You've been told NO by the banks, but that's not where it ends; that's where it STARTS. People hear NO and they quit. Not you, not today.

Let's think outside the box here. Ever thought about private money lenders or hard money loans? How about joining a local real estate investment group? These are places where you can network and find people who understand your passion and will back you up.

Also, don't let lack of experience hold you back. Partner up with a seasoned investor if you need to. Find a mentor, offer them value, and learn the ropes. Make your lack of experience an asset. How? By being hungry, being willing to hustle, and being coachable.

Start hitting those local real estate meetings. Rub elbows with those in the game. Learn from them, talk to them, make connections. You've got what it takes to get this done. Remember, it's not the resources but your RESOURCEFULNESS that counts.

Keep grinding and never take NO for an answer. You're on the brink of something big.  Let's make that flip happen! 👊

First off, let's cut through the confusion: Becoming a real estate agent doesn't mean giving up your personal ambition and investment goals. You want to buy investment properties? Then go do it! Your broker's there to support your deals with clients, not dictate your personal investments.

Now, some brokers might have specific policies or agreements in place. So, don't be a rookie - ask the question upfront. Know what you're getting into and make sure it aligns with your goals. If it doesn't fit, move on. There are plenty of brokers out there hungry for someone with your ambition.

Bottom line: Don't wait for permission to chase your dreams. Align yourself with people who support your goals and hustle hard. The only one stopping you from branching out is you. So go close some deals and make it happen!

1. Set clear investment goals.

2. Educate yourself about real estate.

3. Analyze the local real estate market.

4. Assess your budget and financing options.

5. Start small with low-risk properties.

6. Build a support team (agent, property manager, etc.).

7. Consider house hacking for cost-saving.

8. Network with experienced investors.

9. Understand real estate laws and regulations.

​

Be patient and persistent as you grow your portfolio. Good luck!

Join local facebook and meetup groups in that area.  If you have a property under contract post it and if the numbers make it a great deal you will have tons of people who will comment on it interested in buying it.   

Attend local real estate investment clubs, seminars, and industry events to connect with potential buyers. Build strong relationships with other wholesalers, real estate agents, and investors who can refer buyers to you.

Attend Real Estate Auctions: Attend local property auctions, as they are excellent places to find cash buyers and serious investors interested in acquiring properties.

Look for recently flipped houses on zillow and reach out to the seller and ask them if they are interested in buying more properties.

Call the for rent by owners on craigslist and fb marketplace and ask the owners if they are interested in adding anymore properties to their portfolios.

Direct Mail Campaigns: Use targeted direct mail campaigns to reach potential buyers. Send out postcards or letters detailing your available properties and how they can benefit from working with you.

All on market listings are off market deals at one point that the listing agent went and found and convinced them to list on market. They do it on the daily. You're just building the relationship with them to where they source and bring you the deal instead of listing on the MLS.

Oscar Mike Appraisal Group in Greenville.  Paul Ryll  [email protected]

I'm really sorry to hear about the health issues you're facing. It sounds like you've been dealing with a lot of challenges in your new property. I can imagine how frustrating it must be to not have clear answers despite having professionals assess the situation.

If you haven't done so already, you might consider seeing an allergist or immunologist. They may be able to identify specific allergens that are causing your problems. This could give you a better idea of what to target in your house and car.

Replacing the AC unit and ducting is indeed a big investment, and it's understandable that you'd want to be sure it would solve the problem before making that commitment. If mold is suspected in the ducts, you could consider having the ducts professionally cleaned before replacing them to see if that helps.

I hope this gives you a starting point for further action, and I truly hope you get this resolved soon. It's definitely a challenging situation, but with persistence, I'm sure you'll find a solution. 

Best of luck!