John Perkins
Quick Wholesale Property.
11 December 2024 | 1 reply
Purchase price: $25,500 Cash invested: $10,000 Sale price: $69,900 Quick Fix & Flip.Property was completely deserted & the family was indecisive about their plans for the home after a recent passing.
Banjelsin Ambriz
Getting the ropes, and getting to work
7 January 2025 | 0 replies
Just struggling to find any good leads with not much access to mls and other paid services.
Ken M.
Creative Financing and Some Things To Know
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.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Quote from @Zach Howard: Quote from @V.G Jason: Quote from @Zach Howard: @V.G JasonTo someone just starting out (only option of OOS) who can get access to 200k, but no additional financing at this time but an additional 50-100k max in reserve cash, where might you recommend they start - markets/property type/strategy?
Kevin Green
Why Buffalo is the Hottest Real Estate Market of 2025 (Again!)
14 January 2025 | 4 replies
Proximity to Major Northeastern CitiesBuffalo’s location near major urban centers like New York City and Boston makes it an attractive alternative for buyers seeking more affordable housing without sacrificing access to urban amenities.5.
Sam Evrard
How to analyze different locations
12 January 2025 | 4 replies
Real estate actually takes access to capital and/or credit.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
I don't know why you would think a tenant requesting notice before you accessed the property would be an "unreasonable demand".
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
Look, I have no idea who Eric is, what type of person he is but I will say after a quick search I saw that he did in fact sell his company for MAJOR $$$ and that he is active in Section 8, no idea if his course is good or garbage but still felt the urge to respond because I am so tired of hearing SCAMMER, find it online to EVERY SINGLE post asking about any course.I don’t think anyone used the word “scammer.”
Eric Robertson
Investor friendly insurance company
11 January 2025 | 4 replies
Some "captive" agents like Farmers, Nationwide, maybe others also have some market access other than their namesake, but unless things are different there State Farm has State Farm only so when they're done, they're done.
Chris Morris
Detroit Wholesalers: Why Do Your Deals Suck So Bad?!
17 January 2025 | 10 replies
It feels like the focus has shifted from creating value to chasing quick payouts, with little regard for the end buyer.