
13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.

15 January 2025 | 10 replies
This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

17 January 2025 | 13 replies
The feedback seems a bit general or maybe you just condensed it for the post...If not, I'd personally have a chat with your agent about what they are asking in those follow-up questions and hope they are assertively making those follow-up phone calls with your showings.

13 January 2025 | 27 replies
I get that you are from there so you are getting emotional and taking my comments personal, which were not my intentions.

17 January 2025 | 14 replies
If the LLC is the maker on the note, there's a good chance you'll be required to personally guarantee the note.

15 January 2025 | 2 replies
However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.

12 January 2025 | 23 replies
Maybe we can help a lot of people on this Bigger Pockets platform.So if you are an experienced investor, flipper, or buy and hold person?

11 January 2025 | 4 replies
I'm also starting off my own personal investment property journey with my husband.

16 January 2025 | 3 replies
Keep it short and respectful of their time, and offer to meet in person if they’re open to it.Join Tacoma-specific Facebook groups.

17 January 2025 | 28 replies
Left me feeling like a basically have a retail/fulfillment person on my team so I'm a big fan and would recommend giving them a shot, especially if you're in a similar position as I was: Needing to furnish an STR quickly and cost-efficiently.