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9 December 2024 | 5 replies
Personally I have not had much luck with seller financing when there are agents involved - most don’t understand it and think it just makes the deal more complicated.Did you check with your bank to see if they will mind you having a second loan on the property?
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13 December 2024 | 18 replies
One of my favorite authors, Nicholas Nassim Taleb, sold me on the concept of Skin in the Game and holding all pundits accountable for prior predictions, myself included.
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8 December 2024 | 10 replies
Of course the worst case is actually getting lawyers involved and I wouldn't go that route I just wanted to make the basic contract law argument about the PoA's limitation.
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6 December 2024 | 3 replies
We built a BEAUTIFUL Mailchimp account and sent out half a dozen Wholesale properties, only to get flagged and our account 'Deactivated' after sending one 'Private Lender' email campaign.
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4 December 2024 | 31 replies
You may not know what you want until you try it but one thing is for sure you just need to get started. as Account Closed has said, the BRRR strategy is a LOT of work.
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8 December 2024 | 4 replies
1) I always use zillow to list new properties and use there platform to accept zillow applications2) Doorloop for management that includes accounting, repository for documents like leases, collect rents, tenant communications3) Received lease agreement from a lawyer
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13 December 2024 | 10 replies
There is a potential scenario where an outside rescue fund (marketed as preferred equity to new investors) could come into play in many of the projects that appear to be performing especially if they have been paying the pref (via a reserve account stockpiled by over raising funds in the beginning).
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10 December 2024 | 7 replies
Often the owner provided the wrong account or routing info.
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8 December 2024 | 21 replies
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9 December 2024 | 3 replies
Suggestions I would make starting out a cross border tax advisor accountant is invaluable.