![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/317149/small_1621443780-avatar-jim0323.jpg?twic=v1/output=image&v=2)
1 September 2024 | 79 replies
@Christian Bors One size does not fit all that's for sure.... this is one of the few industries were I can see someone with no real capital ... but will work their tail off can realistically make 100 to 200k a year in the right situation...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/364930/small_1621446860-avatar-stephenf10.jpg?twic=v1/output=image&v=2)
31 August 2024 | 14 replies
She may not want to spend her nights and weekends driving around with investors-- she has been in the business a long time (let's face it we aren't a cushy commission slam dunk) but if you tell her I sent you her way she will definitely give you an industry insider's opinion of who to work with.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329970/small_1621444690-avatar-crossfitcrna.jpg?twic=v1/output=image&v=2)
29 August 2024 | 19 replies
I did mine when I was in the timber industry.. it was common for me to log a property then sell said property to buyer on contract.. but they had to go through the building permit process and in Oregon that can take a year or two.. so I would sell on contract.. then take my contract to my trusty commercial banker and hypothecate it..
29 August 2024 | 70 replies
@Ted Akers yes for instance this would not work well in WA with the excise tax of 1.78% or there about on title transfers.this was a low end deal in GA so it was a normal wholesaler approach I think the guy made 10k on the deal we made a few bucks and they absorbed the one closing costs and transfer tax which was probably nominal I would have to look at the hud.I can see this working in states were double escrows are not allowed any more... or if a wholesaler wanted to put to bed the thought that they are selling re without a license.. you know the wild wild west out there in that industry were basically anything goes until it does not LOL.I am NMLS mortgage banker sitting in the bullpen.. my license is on ICE but I do the CE.. just don't want to have to take the test again incase I want to jump back into doing HML.. so for right now taking title is a clear path.. no securities issues no licensing issues.. etc etc.. and 100% control. the only way I will do this these days.. but then again my clients are well known to me for more than a decade most of them and they are high volume flippers etc... so we have a lot going on...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3100917/small_1723763266-avatar-joycea36.jpg?twic=v1/output=image&v=2)
2 September 2024 | 12 replies
'Passive income' is really overused in the real estate industry.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3033073/small_1716754207-avatar-camyk.jpg?twic=v1/output=image&v=2)
29 August 2024 | 6 replies
The answer to this question will take into account your mother's goals on how the money needs to work, transition plans in the future, risk tolerance, asset segment preferences (retail, industrial, MF, self-storage, etc.), and many other factors.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2941320/small_1707266473-avatar-johnp1607.jpg?twic=v1/output=image&v=2)
28 August 2024 | 14 replies
We even joked about student housing and other industry quirks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/267820/small_1707842389-avatar-jorgea3.jpg?twic=v1/output=image&v=2)
28 August 2024 | 0 replies
Define your target investors: alternative investors, passive income seekers, or industry enthusiasts.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3080053/small_1721408407-avatar-rahimk9.jpg?twic=v1/output=image&v=2)
26 August 2024 | 0 replies
Fast forward to today, and I’m thrilled to share how this investment has transformed into a remarkable success story.The Beginning:When I first laid eyes on the property, it was clear that it had potential, though it needed some TLC.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2557889/small_1693276485-avatar-kristik28.jpg?twic=v1/output=image&v=2)
28 August 2024 | 22 replies
I came across a better quote from Steadily today and it looks enticing but they are relatively new to this industry.