
14 April 2024 | 4 replies
I've done a fair share of researching but some things I havent been able to get very clear answers on.I'm looking into possibly buying a laundromat on seller finance and I want to be able to talk to the seller and negotiate terms that benifit both of us that I can still profit with the business.I guess im looking for a clear cut of all the parts of a seller finance deal, how to structure it, and how to negotiate it if countered. example, If i put 10% down, they finance 90%, whats a good or bad interest rate if any, how long of a term, what should the payments look like etcany advice would be a huge help to not only the laundromat but Real estate in general!

16 April 2024 | 3 replies
Less expenses: Stop going out to eat so much, trade your car for a cheaper one, sell the $5000 golf clubs for $1000 ones, 1 vacation a year instead of 2 or 3 a year because "I deserve it", cut the grass yourself.I am being a little silly, but seriously get on a budget and see what you need to do to cut expenses or where you can work a little harder.

17 April 2024 | 16 replies
We can cut them a break in the rent increase as we explore what is feasible.

15 April 2024 | 0 replies
Thanks to the Cost Segregation Study, the property investors were able to reclassify the property components and accelerate their depreciation for a total of $356,000 in the first year.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

18 April 2024 | 54 replies
The seller has to sign cancellation docs and if they think wholesaler was screwing around with them like many wholesalers do.. they simply wont sign and your money is stuck and you would have to litigate it to get it back unless of course the wholesaler cuts you a check personally but I think before they would do that they simply go find another gator who does not know any better.

16 April 2024 | 2 replies
The old playground rule of "cross my heart and hope to die" doesn't quite cut it in the investment world.So, before you dive wallet-first into your next big financial romance, here’s what you should do:1.

16 April 2024 | 7 replies
This may involve cutting through the exterior walls and installing new openings.Shower: To add a shower, you will need to install a drain in the floor of the garage and run plumbing lines to the location of the shower.

16 April 2024 | 26 replies
I would have been nice to meet up but because of the virus situation, we cut out trip short and headed back home.

17 April 2024 | 39 replies
I am mildly concerned with losing clients that the person would find (I am offer them a sizable cut of the Year 1 earnings of each client they bring on).

16 April 2024 | 10 replies
Sorry for the “tough love”, but if you don’t immediately investigate them and take appropriate action, you may not be cut out for managing rentals.