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24 September 2024 | 1 reply
If your market isn't as hot right now or if you don't have significant equity in the home, then chances are you may be better off submitting a contingent offer and relying on the market.
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25 September 2024 | 29 replies
You either get your money back plus interest or a deed to the property shows up in your mailbox with no additional work required.I got 3 properties last year. 2 houses and an acre of land.I sold one house as is with a QC deed, the other house my 2 adult sons have bought from me at cost.
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27 September 2024 | 11 replies
Unfortunately there are a ton of asset protection services relying on scare tactic messaging through social media and the internet which ultimately infiltrates real estate forums such as this leading to confusion and anxiety amongst new investors and finally the upsell of services that are unnecessary.
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24 September 2024 | 5 replies
They make all the decisions, typically get paid no matter what and you rely on them.
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24 September 2024 | 14 replies
This ordeal has shed light on the risks associated with relying solely on fintech apps, particularly those that operate without a banking license and depend on third-party banks for processing.
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23 September 2024 | 6 replies
Does anyone have any experience relying on home warranties to help cover appliances, etc?
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27 September 2024 | 44 replies
I was told that they have an IN-HOUSE CPA who would be more than willing to assist my CPA OR do the taxes themselves.Question after question I'm being told that my CPA needs to use his "own best judgement" rather than rely on advice from the firm that setup the entities to begin with.I think all potential clients need to be very mindful that Royal Legal Solutions WILL NOT back you up with your CPA when you go to file your taxes.
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24 September 2024 | 6 replies
Thanks Ned, Short answer to explain it, I did not know they were around back then, just found out now when we are coming back, a little background, when I started in 2005, I was a child :) 28 years old and thought I knew it all, all, all :), did not know about hard money lending, only new about bank loans, and Home equity lines of credit, did not know where to find more money, since I did not have much, I would rely on what I could get from banks, loans, credit cards and was not always that great, it was a learning experience.....and Wholesalers, I did not know that even existed, everything I would find back then was already on the market and through a "friend" agent, MLS, FMLS and all those, nothing like what we have today.
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24 September 2024 | 4 replies
Don't rely on your personal income to pay this back - it's a big mistake.2.
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26 September 2024 | 17 replies
You should have a clear understanding of property tax rates, insurance costs, repair costs, utilities, landscaping etc.Any buyer must develop their own proforma and that is what should be relied on.