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12 January 2025 | 8 replies
I’m also glad the FCC is cracking down on robocalls for lead generation; it forces people to commit to real prospecting instead of cutting corners.Over the years, I’ve run a solid brokerage team, training agents and now I help people get into wholesaling.
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7 January 2025 | 5 replies
if it is a BRRRR you'd pay the seller off when you refinanced into long term debt, either conventional or DSCR.i don't know anything about the location, market, etc. but if it needs a 40K rehab, you need to push the purchase price even lower than 140K, or it will not work as a BRRRR.
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7 January 2025 | 9 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
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5 January 2025 | 28 replies
If that leads to a more structured and education based meeting, then that is great - if it remains just a place to gather and bounce ideas and network, that's great too.
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10 January 2025 | 12 replies
A debt service loan is popular for that step.
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14 January 2025 | 9 replies
There was no debt on the land and she lost the house so I swapped her the land and she kept the house free and clear..
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5 January 2025 | 4 replies
He is renting the unit and will carry a bit of debt for a couple years but once he is clear of that he will do very well for himself.Park owners want their empty spaces filled.
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19 January 2025 | 269 replies
A huge number of properties we have looked at would have issues on this front.It can lead to an opportunity to improve the value of a property if you can buy it with an illegal area, get that area legalised and then sell on with a higher value that the bank would lend against, but it's not clear cut and it seems though that there are almost two levels of 'legalisation' - we were able to register all of the annex on the plans and could fully incorporate a portion of it but there is another portion that is too close to the back boundary wall that should only be used for things like storage and not ever for habitation. 2) During the purchase process be careful, amongst other issues with this property we had the situation where the seller's lawyer was not actually a lawyer (having been struck off).
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14 January 2025 | 329 replies
I’ve always believed that every regulation away from a completely free market leads to reactions that require additional legislation to solve, that again creates additional problems.
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3 January 2025 | 4 replies
My current brokerage does not help generate any leads or anything like that.