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6 January 2025 | 4 replies
@Michael Smythe Great processes Michael!
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26 January 2025 | 19 replies
This way, you can get a feel for which system aligns best with your business process and workflow.Hope this helps, and best of luck with your wholesaling endeavors!
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19 January 2025 | 55 replies
You are also able to send client disbursements directly through the platform with their Forte transaction processing partnership.
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16 January 2025 | 6 replies
I read the permitting process and it seems somewhat strict.
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29 January 2025 | 14 replies
I'm in the process of all my research and just want to learn all I can so the more information I can find, the better.
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13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
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17 January 2025 | 28 replies
We're in the process of building a small cabin and Minoan has been landing in my email a lot lately.
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23 January 2025 | 5 replies
I have a list of about 20 properties from him, I just don't know how to start to the assessing process.
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25 January 2025 | 6 replies
As far as whether to approach them with or without an agent - approaching them directly without an agent can save the seller probably 2.5-3% of fees, which give you some room to negotiate on the price, but you need to be confident that you are capable of evaluating the property value, estimating on the amount of work that is needed, knowing how to negotiate/ structure the deal, and navigating the closing process.
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19 January 2025 | 354 replies
I think that gets lost VERY quickly with certain individuals.