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11 February 2025 | 29 replies
Basically you find these distressed properties in pre foreclosure, probates, divorces, or just ugly vacant properties. then you calculate the Max allowable offer and if it makes sense you call up the property owner, get it under contract for dirt cheap, then you assign the contract to a cash investor for an assignment fee. this is the general idea obviously it gets more in depth, but its finding deals that you would buy as a fix and flip or brrrr, and instead of actually buying it you sell it to other investors.Ahh I see, thanks for clearing that up.
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16 January 2025 | 5 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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20 January 2025 | 15 replies
Quote from @Cathy Li: It's a white label software built on go high level.
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23 January 2025 | 4 replies
While I do maintain a relatively modest percentage of my assets in money market instruments, corporate debt funds, and high dividend stocks, I remain most comfortable with the investments I specialize in and know best.
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8 January 2025 | 11 replies
(Assuming quality of service doesn’t decrease.)No matter how you look at it, that is a ton of money.
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25 January 2025 | 5 replies
Talk to your attorney, and if you dont have one, get one - as @Ken M. said, this is highly specific to the state and the circumstances.
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29 January 2025 | 5 replies
Ask yourself: do I really have the knowledge of real estate principles, real estate law and real estate finance; the network of contacts; the experience both in business in general and real estate in particular; the time available; and the analytical ability to compete against FULL TIME EXPERIENCED PROFESSIONALS to be successful in a field where the failure rate is so astronomically high?
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12 January 2025 | 20 replies
If you ask them to write an offer, don't disappear for weeks at a time after you make the offer.
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14 February 2025 | 6 replies
If this $30k was instead invested in a taxable brokerage account, you'd pay capital gains taxes on the $70k of growth and be left with a tax bill as high as $14k.
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19 January 2025 | 354 replies
So, we have to "hope" they have a very high integrity level.