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1 October 2024 | 7 replies
Sometimes, the unsophisticated purchasers have to be taken by the hand by the listing agent and sometimes dragged across the finish line with a lot of services involved and typically a lower commission than a multifamily investment.
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1 October 2024 | 9 replies
This might involve a separate endorsement, so ask.You didn’t mention the owner and lender’s title insurance policy.
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1 October 2024 | 3 replies
My RE strategy involves both.
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3 October 2024 | 23 replies
Sorry Katie, nothing personal, I'm sure you're a wonderful person in real life, but by tying up this sellers property for 90 days with no buyer and no plan to legally sell the property for them, you could end up putting the seller in a worse position than they'd be in without your involvement.
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4 October 2024 | 16 replies
When the partner’s draw payments ceased this CPA became involved selling Sponsorships” in a very dubious MLM scheme; he was trading in all the goodwill and reputation he had garnered in 25 years of practice to make a quick hit because of his financial position. 3.
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1 October 2024 | 16 replies
Congrats Mark,As Hamp mentioned, getting a management company involved before you deploy is a very smart move.
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2 October 2024 | 5 replies
This creates a potential passive stream of income and a way to extend the lifespan of your coaching investment which seems awesome for your business model.Example: Ryan Serhant, advocates profit sharing (equity stakes) in deals that his coaches help close which takes you from coach to partner, and a model proven successful.Client View: Positioning yourself as a partner to their operation is a way for the client to understand your investment in their outcomes outside of the dollar signs involved, and shows them that you are coaching them in a way that provides long term success.
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3 October 2024 | 9 replies
You got some great advice above from @Nathan Gesner and @Rene Hosman, so I will keep it short.My biggest piece of advice is to get involved in some of the local Chicago meetups.
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1 October 2024 | 7 replies
Hey Ryan ive recently got involved in foreign investments in Europe and would love to discuss further with you!
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3 October 2024 | 15 replies
@Daniel AfonsoStarting in real estate investing involves understanding different strategies like house hacking, buy-and-hold, BRRRR, and flipping, which require different capital amounts depending on the market and property type.