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2 January 2025 | 0 replies
Good afternoon I’m looking to see some possibilities on how to structure a deal.
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6 January 2025 | 1 reply
The seller will lose some rent, potentially incur costs to evict, possibly costs to clean out the units depending on your sales agreement.
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12 January 2025 | 28 replies
Risk that you will not enter good data, resulting in a possibly seriously wrong results2.
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5 January 2025 | 28 replies
Evenings aren’t possible for me since I work mid shift, unfortunately.
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22 January 2025 | 203 replies
They need to identify the possibilities in their market.
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3 January 2025 | 3 replies
Have you considered a flat fee MLS listing as a way to gauge interest and possibly sell?
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4 January 2025 | 4 replies
If possible, you may want to learn in a place where you don't need to spend $750k on a fixer.
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8 January 2025 | 9 replies
It’s a huge move, and you’re already starting off strong by asking questions and soaking in as much knowledge as possible.
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5 January 2025 | 39 replies
If you can dump this property for break even, I would make that move as soon as possible.
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn 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 needed Know 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.