James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
Focus on the simple basic transactions like a dentist does with routine teeth cleaning.For all agents out there, I'm not saying there isn't a need for high end service because top agents will always be need and wanted by their clients for no other reasons than perhaps the security that comes from the feeling of paying top prices for top service.
Matt J.
Tax Considerations for Out-of-State Investors in San Diego
25 November 2024 | 4 replies
Understand Proposition 13 for property tax benefits, local transfer taxes, and strict tenant and rent control laws.
Chris Anderson
Can I borrow against a portfolio of second position mortgages
26 November 2024 | 8 replies
We have spoken with them and pretty strict covenants as well as Axos bank
Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
Strictly analytical speaking you cannot make a financial case for unleveraged investing in real estate.
Roger Mace
Should you refinance a DSCR?
27 November 2024 | 11 replies
Honestly seems like a little overkill on this decision - unless its strictly a rate-term refinance because rates have dropped, it usually just should come down to a side by side comparison of status quo vs. refinanced (+ how any cash-out capital is deployed)
Megan Alan
House Hack Newbie in Oregon
26 November 2024 | 18 replies
One is strictly investment, where the neighborhood/location is not important just the potential for upside and low cost living.
Bliss Hu
Mid 20s tech worker in NJ, trying to figure out how to invest 300k in savings
26 November 2024 | 13 replies
That is strictly from a scalability stain point.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
I'd be a fool to think they'd make more strictly wholesaling.
Yori Dean
Is Wholesailing Still A Thing
24 November 2024 | 7 replies
In Pittsburgh, wholesaling is legal, but PA has strict rules about how it's conducted.
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great