
10 July 2024 | 50 replies
For example in Texas a finder is limited to a maximum fee of 10% of the net amount received by the beneficiary, thereby eliminating from profitability a significant percentage of deals.This is the same over hyped, over promoted, over promised, under performing opportunity as note broker, house wholesaler, etc.

9 July 2024 | 2 replies
The ultimate goal is to start scaling and eventually would expand into another state such as South Carolina for short term rentals.

9 July 2024 | 6 replies
Seller finance deals work when one of the following situations is present1- property can’t be financed with institutional financing usually because property is vacant (commercial property) or in bad condition2- seller will only accept an above market price for the property and by offering seller financing opens the universe of potential buyers to include people who wouldn’t qualify for financing3- seller is able to obtain a “piece of the action” from a buyer rehabbing the property and hence ultimately obtain a higher price.4- the seller has an existing low interest rate mortgage and wants to “wrap” the existing mortgage into a seller financed higher rate mortgage and pocket the differential 5- property is an investment property, seller has a low basis in the property because of depreciation, and wants to spread out the taxes due.Are you thinking of trying to purchase with 100% seller financing, or are you able to /willing to offer a down payment of say 10-20% .

10 July 2024 | 15 replies
My ultimate goal is to build up a cash reserve for each property in the amount of around $15,000 which would be enough for most expenses I would incur.

9 July 2024 | 28 replies
SOME OFFICES HERE AND THERE GO ROGUE AND DIRECT A MORE TRADITIONAL ASPECT OF THEIR AGENCY (HOWEVER, THE FRANCHISORS OF THE COMPANY PROMOTE THAT WORKING WITH INVESTORS SHOULD NEVER BE IGNORED- THEY HAVE A 3 HOUR SEMINAR FOR THEIR NEW AGENTS COVERING EVERYTHING FROM ASSIGNMENTS TO DOUBLE CLOSES (YES)!

8 July 2024 | 3 replies
Ultimately I don't think there is a way...most small rentals operate in a manner where they pass through to your personal return.

9 July 2024 | 17 replies
I can tell you the aluminum is far stronger than the gluelam data that I found: the company presentation is reporting some strength value at 2400 psi while 6061-T6 is ~40,000 yield / ~45,000 ultimate.

8 July 2024 | 11 replies
Ultimately, while the guidelines allow it, no residential lender will allow more than 4 units, and no commercial lender will conduct a VA Loan, so it's never been done, and I don't see a way that it will be.

8 July 2024 | 42 replies
I do agree that the sales copy that my partners on the education side put together seems like the typical push/promotion, which doesn't resonate very well with me..

8 July 2024 | 5 replies
@Emmanuel Ola, as others noted, there is a lot that doesn't make sense about this whole process.But ultimately, if you have a FULL scope of work with everything included, and he is willing to do it for $45k, then great.