29 March 2018 | 22 replies
Scoring options range from auto-adjusted for improved automobile underwriting, region-based scoring, yearly updated FICO scores, etc.
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17 January 2018 | 12 replies
Newly rehab properties aren't immune to maintenance.
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13 October 2016 | 2 replies
We were somewhat immune to the downturn as compared to other markets.On a more micro level, I look for things like:- Strong school systems - Big box stores moving to the area- Residential development in the area- Ratio/ demand for housing- Population growth- Job projections- Foreclosure/ Short sale inventory- Steady increase in median home sale prices- High volume of Hard Money Lending :)Just to name a few
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11 July 2016 | 8 replies
Before I went, I typed all my information on a sheet of paper: name, phone number, personal address, address of investment properties, and automobiles owned.
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24 December 2015 | 2 replies
Does anyone know if in Florida when a bank takes a home back via traditional county foreclosure auction, is the bank "Immune" (for lack of a better description) from liens (All?
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1 April 2018 | 2 replies
The trailer is legally an automobile.
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16 September 2015 | 11 replies
The psychology of these 3 day pitch meetings if you don't know what they're doing is this...Supposedly they are giving away free training to implement but they're holding back.And they are "conditioning you very subtly" over those period of 3 days.I've seen this for over 30 years and are fairly immune to their psychological devices.I really believe that "anything of real value" that they're saying can be found here at BiggerPockets.There's so many distractions in real estate investing, there is always a "new shiny object", always "some very urgent and important thing to learn".If more people would just focus on one strategy, or get a coach that's reliable and proven, and listen to that coach and not focus on other things, chances are they would create some profitable business, and be happier and not confused.I think wholesaling and retailing- rehabbing is not a good place for many people.I think learning how to talk to sellers and offering them a cash offer and a terms offer is the way to get started.Terms offers include subject to, wraparound mortgages, lease options, installment sales on free and clear houses, and more.
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25 November 2019 | 17 replies
I would not be investing with $14k in credit cards and get rid of the automobile debt.
20 April 2016 | 7 replies
I have learned a little bit about self managed IRAQccount and I am hearing that it's OK to infect that money into real estate as long as you don't personally profit from it.
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20 October 2023 | 5 replies
This should be carefully drafted to reflect the ownership percentages and any special provisions agreed upon by the original owners.Liability Protection: Forming an LLC can provide liability protection to the members, but it's essential to understand that LLCs do not provide absolute immunity from liability.