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6 February 2025 | 12 replies
I've become interested in finding an individual who can serve as a business partner (doesn't have to be 50/50, in fact wouldn’t want that), but a business relationships that would span across the entire business and someone who would share some of the workload, guarantor requirement and capital contribution and capital raising responsibilities, all of which currently falls on me.
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29 January 2025 | 31 replies
There's currently a website set up to get information from customers that have had this contract "sleight of hand" done to them.
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1 February 2025 | 6 replies
$3k is insignificant compared to your current holdings.
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5 February 2025 | 6 replies
I'm currently overseas with limited ways to communicate with others besides email.
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5 February 2025 | 38 replies
This entity is currently raising funds from investors with promises of 82% returns.Ron Fossum, dissatisfied with his simple, concealed role at Norada Capital Management, is also involved other business ventures, none of which appear to be legal.
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1 February 2025 | 2 replies
What is your current BUY formula for properties in this market?
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1 February 2025 | 9 replies
My current flip was bought from a wholesaler in a partnership with a builder friend of ours who has his own salaried framers, roofers, plumbers and electricians.
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4 February 2025 | 3 replies
I'm currently working with a realtor who himself is a real estate investor.
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5 February 2025 | 6 replies
I currently have one in an LLC grandfathered in.
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14 February 2025 | 8 replies
These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…