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21 September 2015 | 6 replies
I am meeting with him Thursday to discuss some more details..Without some main components can I get some thoughts/advice on this deal?
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3 March 2017 | 4 replies
Keep in mind that when container shipping is quoted, it is most often to the "port of entry" and then there may be customs duties, expediter fees, trucking to your site and then you have to figure out how to unload the components from the container in the two hour time window they give you.
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24 September 2015 | 13 replies
@Jose CintronThe rent to own business with Sellers or with tenant buyers take some talent and some knowledgeWholesaling is pretty straightforward as far as finding a motivated seller and finding a cash buyer and putting them togetherIf you're assigning lease options I highly recommend you get an RMLO to prequalify your tenant buyers as per the Dodd Frank and the safe actThis way most of your tenant Buyers will get mortgagesThere's also a component of credit improvement to help increase FICO scores if DTI is OKI know Massachusetts really well I grew up in Arlington@Mike Hurney@Shaun ReillyMike and Shaun are been around the block quite a few timesBeing licensed allows you to show houses and market house you do not own to tenant buyers in MassachusettsOnce you get caught acting as a real estate agent, you get a fine and you get a record against the department of real estate in MassachusettsThen it's difficult for you to get a licenseIf you want to buy on subject to or wrap mortgage without a license I think you're in the clear because you're acting as a principal and you're getting on titleIf you just get your license and act as a principal you're fine, and also disclose to the seller that you are licensed but acting as a principalIf you want to be hardheaded and do lease options without license, please don't complain when you can not do business in Massachusetts or Rhode Island or Connecticut or New Hampshire or Vermont, New Englanders talk to each other
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2 January 2016 | 60 replies
After the value component is done, I assume a 2% rent growth and 2% expense growth for life of the deal.
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30 September 2015 | 12 replies
There was a comp on Zillow that sold 3 months ago for even more than the Zillow estimate for the foreclosure property.
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27 September 2015 | 1 reply
I great at different points of my life to write down my goals with all the needed components, such as specific, measurable and having a time limit...the problem was that I quickly forgot to pay attention to them and stay focused on them.I'd heard @Brandon Turner talk about the 100 Day Challenge on the podcasts and I decided it was time to sign up.
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18 October 2015 | 4 replies
The large components to any rehab project are: 1)Renovations Costs, 2)Holding Costs, 3)Buying/Selling(Closing) costs, and 4)Profit.
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4 October 2015 | 7 replies
In my mind, this is a key component to me making my first RE purchase.
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2 October 2015 | 2 replies
The 203K component of the loan is a rehab loan.
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2 October 2015 | 3 replies
Highest comp on next street, which isn't as good as this street, is mid 600's (3300sf).