
27 October 2024 | 23 replies
If the buyer wants to back out, it's the agents job to make sure they protect the buyers interests over their own.

23 October 2024 | 18 replies
The next phase of my maturation cycle is gaining "on the job experience" in the form of GP participation before attempting to take down a deal by myself.

23 October 2024 | 2 replies
Just be aware that this adds another layer of complexity, and you’ll want to check with both your lender and a real estate attorney to make sure everything is set up correctly.When it comes to terms, owner financing gives you a lot of flexibility:Interest rate: You want something attractive to the buyer but that compensates you for the risk of holding that second lien.Repayment schedule: You can choose a traditional 15- or 30-year schedule, or go with something shorter if you want to be paid off sooner.Balloon payment: Many owner-financed deals include a balloon payment, meaning the buyer pays off the remaining balance after a set period (usually 5-10 years).

28 October 2024 | 13 replies
--Many will state that's your job, but then what value are they truly offering as an "investor-friendly" agent?

25 October 2024 | 8 replies
Some jobs in New York City are obviously going to be much pricier than jobs in Cleveland.

27 October 2024 | 8 replies
It was odd for them as I has long term jobs os a seafere working for overseas companies (I'm not a US citizen) they didn't know how to deal with it, it took too long and then I could find a property that worked.

25 October 2024 | 11 replies
@Pat McQuillan have you reviewed IRS form Schedule E?

27 October 2024 | 13 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

30 October 2024 | 236 replies
Why can't AG of MD do his job?

23 October 2024 | 38 replies
However, after two months, despite no closings, my success manager inexplicably stopped responding to my texts and emails, failing to schedule the promised biweekly meetings.