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27 January 2025 | 8 replies
Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.
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4 February 2025 | 6 replies
Initially I really wanted to do a STR down in North Padre Texas (as it is a place I have vacationed for years and have stayed in at least 8-10 of the STR in the exact complex im looking into, I see how my STR could stand out amongst the rest since Im huge fisherman down there and that is mainly what those STR are used as, already have boat rental option setup if I go this route, list of fishing and possible guides to go with depending on style of fishing, family, fun, hardcore wade fisherman etc etc and equipment rental available for those that do not have.), the places im looking at are decent $ properties that after running through calculators etc showing 18-22% CoC after management fees etc.But after listening to BP for about a month, now thinking BRRRR possibly and doing up here in the DFW area.
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11 January 2025 | 2 replies
I hopped on the roof with the garden hose to defend the property (even though initially it was contained) when suddenly an ember spread to a palm tree (that had been neglected to be trimmed for years) that instantaneously atomized/vaporized into hundreds of embers and spotted fires on several homes.
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7 February 2025 | 16 replies
Before moving forward, negotiate better terms with the hard money lender you initially spoke with and ensure the seller is fully on board with second position financing.
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7 February 2025 | 3 replies
.; and capital to pay for options, marketing, legal counsel, accounting, tax advise, etc.
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7 February 2025 | 4 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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6 February 2025 | 3 replies
I learned so much along the way, including navigating the legal process needed to remove previous owners (squatters) who did not want to leave.
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28 January 2025 | 20 replies
I have a few questions- "We started an LLC" "We purchased a property" Who are the legal owners of the LLC?
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21 January 2025 | 4 replies
Legal RequirementsIndiana landlord-tenant laws are generally landlord-friendly but require you to be diligent.
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27 January 2025 | 4 replies
A licensed agent can do all the things a wholesaler can do, and is a proven business model where the same hustle that any successful wholesaler brings to the table can be rewarded 10-fold more, with little in the way of legal obstacles.