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20 March 2024 | 175 replies
Prior to Flip System, I started out of state investing in one market by myself, and while I was able to acquire houses successfully, the process of researching and vetting my teams was incredibly time-consuming.
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17 March 2024 | 6 replies
While dodd frank may not apply, you still have to follow many consumer finance laws, such as making sure the borrower has the ability to repay, sending them proper statements, tax forms, escrow anaylsis etc.
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17 March 2024 | 2 replies
It’s possible I did a poor job of explaining this, this isn’t really a service for investors per se’ in fact I would probably in an ideal enjoy doing this more for primary home buyers, this to me is an alternative to the 2.5% commission model, you cut out the most time consuming and often in my opinion least valuable part of the job which is showing people around and opening cabinets and seeing if they are soft close or not lol (I presume in this new world there will be more open house, more showings by listing agents, possibly more services that allow buyers to show themselves houses like the Redfin does on some of its listing) because of that plus the guarantee of getting at least something for your time allows you to theoretically charge much less while still providing the important parts of the job, like you should consider this area, let’s go over this home inspection repost, here’s how we should craft an offer etc, even spending time explaining rent vs buy calculation and personal finance etc, plus the being able to be paid regardless of your advice, I’ve had countless clients who has just a myriad of bad ideas I’ve talked out of, but of course you don’t get paid for that in this commission structure.
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17 March 2024 | 15 replies
It won't be forever.
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19 March 2024 | 323 replies
My comment: Most production homebuilders don’t do this, because if anything goes wrong with the flooring during the later stages of construction (tile crack, blemish/scuffing, whatever), it’s much more expensive and time consuming to fix it after the cabinets are installed on top.
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17 March 2024 | 29 replies
It is not only time consuming but frustrating too.
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17 March 2024 | 4 replies
All signs of stress.”Inflation Numbers this WeekThe Consumer Price Index measure of inflation increased .4% in February (seasonally adjusted), after rising .3 % in January, or 3.2% YoY (BLS).
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18 March 2024 | 24 replies
EVERYTHING -- has a lifespan, nothing is suppose to last forever!
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16 March 2024 | 6 replies
@Jolene Blackbourn go Google Consumers Reports, which pretty much advises against all retail warranties.Majority are setup to string you along and wear you out, so you have the work done, which then negates their coverage.
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16 March 2024 | 4 replies
Which are the hardest to deal with, and which are the most time-consuming?