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21 October 2024 | 28 replies
I’m looking forward to starting this journey and securing financial freedom for my family for years to come!
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18 October 2024 | 8 replies
Personal loan secured by the property: Same deal, no verbiage that I see making it appear that this is personally guaranteed3.
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18 October 2024 | 6 replies
But beyond that, your question is so broad, no one can give you advice, other than: go buy a property, or a share in a public REIT.
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19 October 2024 | 5 replies
My plan is to read about 10 books on the subject and engage with others in the real estate community over the next six months, all while working on building a strong credit score to secure my first loan.In the meantime, I’d love to hear your advice!
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17 October 2024 | 6 replies
This isn't really that earth shattering, just kind of annoying.The title insurer will usually require the scope of work and any lien waivers to issue certain endorsements required by lenders for recently rehabbed/constructed properties.Permits are all public record anyway - and often double checked by the appraiser.So - while it is kind of annoying, a lot of this work is already required to complete the transaction anyway.Just my thoughts.
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26 October 2024 | 25 replies
Not qualified for any public/non-profit assistance.Am I able to run traffic to this offer legally?
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17 October 2024 | 10 replies
I won't air my dirty laundry in public but here are a few areas that I have issues with:1) We don't have a contract (shame on me) though we do have some agreed upon terms that were written.
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17 October 2024 | 10 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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15 October 2024 | 8 replies
MAKE IT PUBLIC THAT YOU’RE LOOKINGJust because a seller is being discreet doesn’t mean you need to.
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16 October 2024 | 4 replies
I'm curious about the proper legal structure and business types one should use to minimize personal liability as well as remain fairly anonymous to the general public.