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12 May 2024 | 2 replies
Try attending DFW meetups and search for investor friendly agents who can help you a lot Search on this forum for DFW stuff examplehttps://www.biggerpockets.com/forums/86/topics/881138-any-me...https://www.biggerpockets.com/forums/311/topics/932173-200k-...
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13 May 2024 | 237 replies
I may have missed an email as I get a lot of stuff from Audible.Thanks, alan
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11 May 2024 | 8 replies
Your Attorney would love to sell you stuff you don't really need.If you don't operated this 100% correctly someone intent on Sueing you will just pierce the corporate veil anyway.You are much better off taking care of your properties so no one wants to sue you, having correct STR insurance and you can always add an umbrella policy for a 3rd layer of protection.
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11 May 2024 | 37 replies
You can get all that stuff for free on BP, meet ups and Youtube.
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9 May 2024 | 19 replies
I use the built in stuff but that is it.
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10 May 2024 | 7 replies
It is when the property is available to rent.You do not necessarily need earnings from the property to have deductible expenses (again, available for rent is not always the same date as the lease start).REP status is 750 hours in real estate activities PLUS material participation in the activity(ies).Talk to a CPA or tax pro who knows this stuff.
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10 May 2024 | 12 replies
Make sure you put discount clauses and subordination verbiage in your offer.Use the Installment down payment clause.A Front Porch clause can be used to completely eliminate the down payment requirement.Write in your offer that seller pays all transfer, contributes X-$'s to you at settlement and that you receive all positive escrows if there is a mortgage to be paid off, and the seller agrees to leave stuff in the house or garage - all furniture, the old car in the garage, tools and garden stuff.
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11 May 2024 | 10 replies
I'd also make sure any valuables are safely locked up because some people use viewings to case the house and come back later and steal stuff.
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10 May 2024 | 1 reply
Changing cabinetry after it's installed is generally expensive and looks piecemeal.If you put a dishwasher where the oven is, you'd have to pay a plumber to run a line back over to the sink and it will cut through that corner cabinet Basically, if you're moving stuff around, it is a big deal.
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10 May 2024 | 28 replies
A lot of people don’t realize this, but in addition to real estate agents selling stuff, they are also being sold, every brokerage, every title company, even lenders, have courses on literally scripts, how to build out your social media, how to find fsbo listings etc, truth is none of these are effective, pretty much the only way to be a successful agent is either ton of ad spend or the hard work of meeting people in person through events meetups etc, but brokerages make money by head count, even title and lenders are happy if you close a few deals a year with them, so they sell this stuff to agents who than use those scripts on you, it’s a whole prymond scheme lol