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3 February 2025 | 11 replies
So some ballpark numbers if everything remain the same, ($400ishx12)x10) would be $50Kish + the downpayment I see I got some positive numbers and after they are paid in full is when I believe the cash flow will be in better shape.I am planning to have all properties for long time, so I am planning (fingers crossed) to keep my primary income (job) in order to keep buying more properties.Once again, many thanks for all your comments.
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6 February 2025 | 3 replies
Of course our big motivation is commission but you can get commission or a referral fee or something in an off market transaction if done properly.
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21 January 2025 | 3 replies
Eliminate transaction fees2.
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5 February 2025 | 5 replies
Some of the benefits are transaction speed, limited liability protection.
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31 January 2025 | 3 replies
The listing showed a price and transaction history for the home.
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7 February 2025 | 8 replies
I think most of the buyers are some variation of the following:1) Condo conversions2) 1031 exchanges looking to relocate equity to a high appreciating area, able to buy down the mortgage enough so that the property produces cash flow.3) Owner occupants looking to offset a portion of the mortgage (even though the numbers aren't great for house hacking, I still think people are doing this to some extent)4) Foreign money all-cash transactionsSince inventory is so low, there's enough of these types of buyers to keep transactions happening at prices that don't make sense to average investors, in my opinion.
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6 February 2025 | 16 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.
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22 January 2025 | 13 replies
Donating money to large (FEMA, Red Cross), local organizations or Go Fund Me pages would be the quickest way.
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16 January 2025 | 6 replies
Some may be comfortable with 100% crypto transactions, while others could opt for a split between cryptocurrency and cash.For sellers unwilling to receive cryptocurrency directly, the digital asset will be converted to dollars to complete the transaction.There are many ways a buyer can use crypto to make a purchase:The simplest way is a Crypto to Crypto transaction, as long as the seller accepts cryptocurrencies as payment.
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7 February 2025 | 6 replies
Instead, these funds were allegedly diverted to finance other real estate transactions and for personal use by Wettengel and co-defendant Tanya Muro.