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10 September 2024 | 4 replies
What is your "perfect scenario" -- appreciate it!
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10 September 2024 | 12 replies
What are common practices to remove them?
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9 September 2024 | 2 replies
Is this common problem in older homes in Texas?
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11 September 2024 | 8 replies
Another scenario could be that once the investor has the deed and I've been able to do proper due diligence on the property (value, title search, etc), I would consider lending against the property including renovation funding (per my terms).
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13 September 2024 | 24 replies
Filled with if this then that scenarios and I can have someone who has never wanted to buy a house buy houses after 4 hours of training absolutely use direct mail however not too soon.
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11 September 2024 | 17 replies
Make sure to look carefully at the comps sold in the last 300 days to understand the ceiling of what you could get in the best scenario.
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10 September 2024 | 7 replies
Given that your primary goal appears to be generating cash from flipping, there aren’t many tax advantages available in this scenario.
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10 September 2024 | 1 reply
However, consider:Higher debt and monthly paymentsIncreased personal financial riskPotential need for personal guaranteesAdditional Advice:Conduct thorough due diligence on the property and local marketHave contingency plans for various scenarios (e.g., lower Airbnb income, longer renovation time)Consider professional property management to reduce your workloadEnsure you're compliant with all local laws and regulationsFactor in potential capital gains taxes or other tax implicationsRemember, while the potential returns look attractive, real estate investments always carry risks.
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9 September 2024 | 6 replies
Lastly, it's common for the Buyer's Broker agreement to have a clause that stipulates the client will owe a commission for property which is covered by your Buyer's Broker agreement if you agree to a purchase agreement within 60 or 90 days of the expiration of the agreement.
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10 September 2024 | 2 replies
Interestingly enough, its a lesson quite commonly adopted by real-estate investors themselves.