
3 July 2024 | 3 replies
Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

10 July 2024 | 87 replies
Almost anybody with a couple thousand dollars, a little extra time, and decent test taking ability can become a real estate agent.

3 July 2024 | 40 replies
MAKING SURE THE SOIL IS TESTED TO MAKE SURE IT CAN STAND THE PRESSURE I ASSUME, LAYING THE SLAB OF CONCRETE KEEPING IN MIND OF UTILITIES AND ETC.

3 July 2024 | 4 replies
I have no experience in real estate and have no mentor so I joined to grow my knowledge and better prepare for the journey I'm about to start.

3 July 2024 | 0 replies
Whether it's the interest rate spread, extensions, terms, or amount of stock needed, we can work something out that fits their needs.I've learned that the balancing test is important.
3 July 2024 | 0 replies
Take the time to prepare for major expenses, whether that comes from your dayjob, some small side hustle, or a startup you're grinding on day and night.I sold one company and started another before getting back into real estate recently.

3 July 2024 | 4 replies
Can you provide a sample payoff letter you prepare or have received from your PML?

2 July 2024 | 16 replies
i just pushed back on my agent and insisted on 8/1 inspection because if we do inspections 8/1 with 15 days to get mold testing back, we can close 8/21 or 8/28.

3 July 2024 | 6 replies
This demonstrates the buyer's seriousness and commitment to proceeding with the purchase.Additional Clauses:Subject to Sale of Buyer's Property: If the buyer needs to sell their current home to finance the new purchase, include a clause making the offer contingent upon the sale and closing of their property.Specific Repairs or Improvements: If the buyer has identified specific repairs or improvements they want completed by the seller, include details about these requirements as conditions of the offer.Review by Legal Counsel: Consider having the "Subject To" offer reviewed by a real estate attorney to ensure all contingencies are clearly defined and protect the buyer's interests.Final StepsNegotiation: Once the offer is submitted, be prepared for negotiation with the seller.

3 July 2024 | 14 replies
Even if you do paint/stain it, you need to make sure it is clean before doing anything-preparation is everything.Not sure how well paint would stick to those surfaces or wear.