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15 August 2024 | 8 replies
Make sure that there is enough room for investors, and attack those dealsIf you're targeting quantity, then maybe you need to have a lot more than 20 contracts at a time to make headway.
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13 August 2024 | 2 replies
I'm on a mission to achieve greatness with every step I take on this earth.
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13 August 2024 | 7 replies
So I'm actually going to target the north GA mountains and see how that goes.
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14 August 2024 | 6 replies
And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.
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16 August 2024 | 21 replies
I agree with the previous comments about figuring out what your goals are in the next 10 years and reverse engineer - what do you need to do to achieve this?
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13 August 2024 | 9 replies
Hi I'm looking for lenders that will do a bridge loan on 2 properties that I have listed for sale, so that I can purchase the target property, in a 1031 exchange.
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14 August 2024 | 33 replies
What about dinosaurs ghost.. why they only targeting human ghost
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18 August 2024 | 52 replies
Another house we are flipping in a average price area, we are target to make $20K using our own cash.
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14 August 2024 | 11 replies
. - 20% cash on cash on $250,000 investment would be my target of $50,000.Will y'all point out my fallacies?
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13 August 2024 | 15 replies
If you plan on flipping or LTR, target those investors.