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26 November 2024 | 25 replies
The biggest issue is most of these "gurus" that get new wholesalers involved teach them to be deceptive when they approach realtors.
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25 November 2024 | 12 replies
I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues.
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26 November 2024 | 6 replies
Motivated sellers are found by culling smaller lists and building relationships with the people you call with a more fine-tuned approach.
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26 November 2024 | 2 replies
However, I'm now reading Dave Meyer's book Start With Strategy to learn more about whether long-term residential rentals is even the best approach or if I should be looking into other strategies, in light of my overall goal.After Start With Strategy I plan to read Set For Life by Scott Trench, but what other recommendations do you guys have at the strategic level?
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26 November 2024 | 9 replies
They don’t effectively target motivated sellers.In fact, the market is saturated with these outdated and inefficient approaches.
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22 November 2024 | 1 reply
Utlimate goal is to maintain a healthy leverage on the rental property.
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26 November 2024 | 2 replies
I was approached by a wholesale partner and flipper partners (whom I’ve done private lending for) of mine about me purchasing 1.5 acres to develop 12-16 single family homes on.I would be responsible for purchasing land and getting it prepped to build.
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26 November 2024 | 14 replies
My customer service rep is a flipper and I love that because he knows why I want to do what I want to do and can discuss the approaches with knowledge.So far, the experience has been positive.
26 November 2024 | 3 replies
The downside to this approach is that it can be time consuming and tedious to find exactly what you’re looking for.
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25 November 2024 | 5 replies
Have there been subtle approaches that worked for you?