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16 September 2024 | 6 replies
Major items have been repaired/replaced and should have a long life without needing further capital input.
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14 September 2024 | 20 replies
As a landlord and property manager, I've taken numerous calls from people who needed a place to rent ASAP because their landlord sold the house they were in out from under them.
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20 September 2024 | 36 replies
Find a good one and they make life much easier!
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13 September 2024 | 20 replies
Especially in high priced markets were married couple gets that 500k tax free.. do that a few times in your life that will make you more money than most rentals at 200.00 a month cash flow.
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16 September 2024 | 0 replies
This enabled Jeff to focus on learning the fix-and-flip process while having the financial backing to bring the project to life.
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15 September 2024 | 11 replies
Bottom line - All hype, bs, misinterpretation, opinion bias, etc aside, sellers willing “owner finance” the sale of their property for one reason - and one reason only: They PERCEIVE that they are getting a higher price for their property by owner financing than by a cash (cash to them) sale.The “perceive” part is why buyers can sometimes structure terms ridiculously one sided in their favor - because some sellers are so focused on PRICE they become oblivious to anything else.It’s why I and numerous others have been able to structure 20 year owner financing loans at ZERO interest; why sellers have accepted “substitution of collateral” that gave them a lien on recreational land I had rather than their own income producing property; why sellers accept second position liens and allow buyers to obtain new first mortgages ahead of theirs (subordination), and why sellers always accept mortgages without my personal guarantee.I myself sell properties and provide owner financing to obtain a higher price.
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20 September 2024 | 51 replies
Feel free to call me out, but I would be more impressed with the guy that made $1 but made a significant difference in the life of a motivated seller to the point that the seller could come on the show, to share their story of the integrity of the investor.
16 September 2024 | 8 replies
If someone had an "event" in their life (illness, divorce, etc) then we may be willing to accept that, but if someone has had their vehicle repoed, they have items in collections, and a history of late payments, we'll pass.
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18 September 2024 | 21 replies
But so does getting life insurance.The only one's to really speak them up are the one's selling them.
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16 September 2024 | 3 replies
You will never see 2.1% again in your life so before you move you should do all of the renovations with the equity so it's fully updated when you decide to leave so it actually becomes a strong cash flow property and not one you leave with stuff to do and it all comes up at once.