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5 December 2024 | 4 replies
Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.
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6 December 2024 | 11 replies
And this also may be state dependent, as my FL property is covered under a different carrier who has different available maximums for liability.
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3 December 2024 | 40 replies
It just depends what you are looking for though.
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3 December 2024 | 5 replies
It will depend on your budget and if you are willing to take hard money.
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8 December 2024 | 12 replies
You don't need to do section 8 to make positive cash flow, but I guess it depends how much positive you want.
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4 December 2024 | 6 replies
Depending on the zip code I was wondering could I gamble with them on a fix and flip or brrr.
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9 December 2024 | 23 replies
However, this also depends on their ability to prove your neighbor negligent, and the overall cost of the claim.
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3 December 2024 | 15 replies
It doesn't hurt to go over the numbers with a lender though who could give a breakdown of what a closing might look like depending on your buy box.
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4 December 2024 | 0 replies
Properties also have specific risks depending on if they are industrial spaces, commercial buildings or multi-family units.
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5 December 2024 | 17 replies
With 3 properties already, you're definitely not "new" anymore ;-) Doing a refi is very possible (depending on how much equity you've accumulated) to do those types of things...the issue can be the tax ramification that you face if/when you do it.