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21 October 2024 | 25 replies
Out of curiosity, are there any markets you've had your eyes on for some time.
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18 October 2024 | 6 replies
@Stuart UdisYou forgot to have the Wyoming LLC owned by a Delaware holding company that has the asset then put into a land trust.Then seek 100% financing because you are broke from spending $10,000 setting up this corporate structure to protect the zero assets you have.
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15 October 2024 | 2 replies
A lot of out of state investors reap the upside potential of the Nashville market (and protect themselves from some of the downside) by investing in the high-growth (yet moderately priced) secondary markets near Nashville (i.e.
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20 October 2024 | 14 replies
Two sets of eyes on projects also helps when it comes to keeping track of contractors, etc.
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24 October 2024 | 139 replies
From my experience the best reason to retain purchasing authority is to protect against mechanics liens.
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17 October 2024 | 3 replies
I already have an eye on a property.
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18 October 2024 | 6 replies
Also, keep an eye on sales activity in the neighborhood, including how long homes are sitting on the market and recent price trends.### Avoid Common MistakesBe cautious of common mistakes like underestimating repair costs, not having a solid exit strategy, and overpaying for the property.
21 October 2024 | 4 replies
Always run the numbers conservatively to protect your profit margins.Best of luck to all the flippers!
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18 October 2024 | 4 replies
TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Maintenance does not require owner's approval - RL reserves decision what to do when, cheaper plans have higher limits and all are at RL's discretion * Refuses to manage in many parts of townLonger versionSigned up for their service after a few conversations over the phone - owner stressed investor-friendly approach.
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18 October 2024 | 8 replies
Which makes any transaction involving the continuation of his loans, or any transaction that can be interpreted by the courts as anything other than arms length transaction, subject to Dodd - Frank Act and the Consumer Finance Protection Bureau.3.