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10 January 2025 | 3 replies
I spoke with the title company who is still helping us wrap up the set-up of a servicing company, and she confirmed that they would be responsible for the principal / interest for Nov and Dec, while we are responsible for the escrow shortage balance (as agreed upon).Not sure how it was missed - not my favorite title company to work with.
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13 January 2025 | 5 replies
If you ever decide you want a more passive approach, there are turnkey companies out there that handle everything for you.
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12 January 2025 | 2 replies
3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same).
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14 February 2025 | 161 replies
If cash flow is what you are after, set up a coffee trailer, wash houses, sell digital assets, launch a Shopify store, set up ATMs, buy a title company, coin laundry, a party rental business a car body shop etc.. and then invest the cash flow in real estate!
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20 January 2025 | 57 replies
Usually having a servicing company helps the lender to consider that.
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22 January 2025 | 56 replies
One of my bizz partners sold his garbage company to waste management for 75 mil his balance sheet is a crack up.. house in Napa valley house one in Lake tahoe hunting ranch some commercial in downtown Napa. and a big huge wad in triple net munis and zero debt.
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12 January 2025 | 8 replies
Do you guys think there will be regulations that will be created around this that might affect those companies, or worse smaller businesses?
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17 January 2025 | 6 replies
However, after he saw the quantity of ADU applications come across his desk to plan check he went out and started his own consulting company.
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10 January 2025 | 4 replies
When you start, the company may give you a small existing portfolio, but then you'll have to maintain & grow it to make a decent living.You could also work as a leasing agent at an apartment complex.
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30 December 2024 | 6 replies
Fractional Ownership: Small Steps, Big ImpactNew platforms now enable fractional ownership of high-end properties.