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22 July 2024 | 8 replies
-Administrative Burden: Managing substantial services may require more administrative work and potentially higher costs in terms of time and resources.Some investors do use creative strategies to maximize tax benefits, but this particular approach of converting long-term rentals into an active business reported on Schedule C while providing substantial services is less common.
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22 July 2024 | 24 replies
We looked at CA and found it wanting for good deals.Whichever state you decide to invest in, you may want to consider using off market strategies utilizing creative finance.
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21 July 2024 | 16 replies
Quote from @TJ Woolum: I am very interested in joining a mastermind or online group that can help spur creativity, learning, and motivation to go all in and scale up.
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18 July 2024 | 4 replies
However, I’m getting my “second wind” and based on a successful recent “creative” note “wrap” I’ve done will probably get back into creative real estate exchanging again.
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21 July 2024 | 2 replies
Reason for this is that our 40% partner who leads the group purchasing the property accepted a SUBORDINATED note for his interest in order to put the deal together.Bottom line is this, by utilizing a number of CREATIVE real estate principles, financing, deal making, etc. we have increased our wealth by anywhere from $235,000 to $635,000 over what we would have had accepting a cash sale.
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20 July 2024 | 8 replies
I am familiar with a couple of CRM options that incorporate sales and marketing.
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18 July 2024 | 1 reply
The beauty is that the transaction can benefit all parties, and they can be structured to make the deal work.We wrote a book called Creative Cash that focuses on creative financing rechniques
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20 July 2024 | 7 replies
Or are there any other "creative" strategies somebody can think of for this?
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19 July 2024 | 1 reply
Did you buy with creative financing given that you only invest $7k?
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22 July 2024 | 19 replies
If you find a fee based partner, be vigilent in keeping an eye on them, as there is a good chance they are taking you for a ride to make some cash that's not based on performance.In terms of finding deals that you can put together without experience, I do a lot of creative deals that banks are not involved in.