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6 September 2024 | 6 replies
While you are correct that you’ll be relying on your purchase of the replacement property to go through, there are a few strategies to use and language to add to the PSA to try and keep a seller honest and protect you as buyer.The attorney negotiating the sale and purchase should hedge the risk snd build in flexibility on both ends.
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5 September 2024 | 7 replies
Always get monetary concessions... never rely upon a seller to do anything after closing, unless you want it done half-assed and on the cheap.
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3 September 2024 | 9 replies
One question is liability and insurance, also what if the 'adults' (ie couple on the lease) leave and all that remain are the students?
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8 September 2024 | 101 replies
They need to be adults.
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4 September 2024 | 10 replies
Specifically, I'm interested in:- Effective ways to connect with accredited investors who have an interest in distressed office properties without relying on paid platforms.- Strategies for building relationships with potential investors that lead to long-term partnerships.- Any unique approaches or tips that have helped you stand out and attract capital for projects like ours in the California market.Looking forward to hearing your experiences and advice!
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5 September 2024 | 9 replies
We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.We are constantly on the look out for new investment opportunities.The problems we are facing right now is not knowing good contractors and the high competition on the MLS.We just started learning more about off market properties and sending direct mail.We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.Thank you so much guys, best of luck to all!
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4 September 2024 | 7 replies
well this is what happens when your trying to wholesale deals and you tell the seller your a cash buyer when your clearly not your relying on someone else.. you create your own stress.
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5 September 2024 | 15 replies
I would be okay on taking the risk if I didn't have others to rely on me.
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4 September 2024 | 9 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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6 September 2024 | 19 replies
Based on my experience here might be why these things happened.Grass - we rely on our landscapers to let us know how the grass is doing, and they are allowed to adjust sprinklers.