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5 December 2024 | 7 replies
i.e. single proper Buyer agreement, exclusive buyer agreement, etc.Does the principal broker her a signed agency disclosure with this party?
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6 December 2024 | 12 replies
So from the start, I have had a tax guy in my corner who I thought would help ensure my taxes were done properly... or so I thought.Now jumping to the here and now, my tax guy is in the middle of my 2022 return and I have been asking him questions back and forth for weeks and making sure he has everything he needs from me.
2 December 2024 | 17 replies
Agree a conversation is in the cards but if anything it would be more than fair to agree to keep the rent flat vs any type of reduction (at least that's my logic).
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8 December 2024 | 14 replies
I won't veer from my qualifications-- quality location, value add opportunity from the get, proper price entry point.
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5 December 2024 | 7 replies
I'm about to start a team of callers on these lists, but I don't want to waste their time or my time with these dead leads.I'm thinking of charging back the expense with my credit card company because I'm pretty disappointed.Does anyone have any solutions they'd recommend for getting accurate property owner phone numbers?
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17 December 2024 | 86 replies
I know many folks that started a business with just a business card, telephone, a vehicle and ambition.
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9 December 2024 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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7 December 2024 | 2 replies
I’ve seen folks panic and act like they’re about to be stuck holding a ticking time bomb, but if you structure the contract properly, give yourself a decent inspection or feasibility period, and understand local investor demand, you’ll rarely end up empty-handed.
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10 December 2024 | 16 replies
I feel there is potential for it to be a good MTR if I advertise and take pictures properly.
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2 December 2024 | 5 replies
Everything he teaches about personal finances (budgeting, car loans, credit cards, etc.) is spot on.