30 August 2017 | 4 replies
I am very lucky because I have zero debt and no bills other than phone and food since I decided to get rid of my car I have no expenses now.

31 August 2017 | 3 replies
I think what you are looking for is someone trained in the ways of real estate investing - an agent that will:Introduce you to FSBO's - Expired Listings and other real estate opportunitiesWill be your fiduciary representativeWill make offers for you on suitable real estateWho understands creative financing; delayed settlement, seller assisted financing, assignment, wholesaling, REO, tenant selection, soft money mortgages, tax salesWho will be responsive to your financial goals and a person of integrity and trustHelp with direct mail and street marketing to locate transactionsHousing and rent court marketingAbsolute aware of financial and contract clauses as well as contract engineeringCan assist in - delayed settlement - automatic extension, performance mortgages, subordination, principal mortgages, options and joint venturesAware of bidding on REO, forclosures, tax sales and public auctionsUp to speed on commercial real estate, lots and land as well as businesses with real estateHow should you treat this wonderful person (if you can find one) -They should have a commitment from in the form of a Fiduciary Buyers Brokers AgreementYour agreement to pay them a commission on any non-listed deals they bring youA bonus agreement for great deals that you closeA gas budget - or a cash payment for gas Kind words and respectTo be sincere and active with the agentRespect from youFirst class training on how to represent youSometimes an equity interest in the great deals the agent has initiatedListings when you are ready to sellYour cooperation - all your financials, tax returns and other information that will help your agent close dealsA few free lunches ----Good luck --- Charles

19 September 2017 | 9 replies
The easiest method is to have all tenants on a automatic renewing M2M.

31 August 2017 | 11 replies
Are there any tools integrated into matrix of other software for agents which does that automatically(using Artificial intelligence algorithms, for instance)?
4 September 2017 | 22 replies
This is one of the only deals I've seen where cashflow isn't negative. 1968 triplex with 3 car garage on the market for 71 days.Purchase price: $289,900Estimated cost of repairs: $5000ARV: $335,000 (this is best guess with what comps I was able to dig up)Closing costs: $2500Down pmt: 25% ($72,475)Loan amt: $217,425 amortized over 39 years @ 5% interestUtilities are paid by tenants so I would only have to worry about trash ($84/mo), insurance ($167/mo).Maintanance and repairs: $132.10CapEx: $264.20Vacancy: $132.10Property taxes: $279.67Rental income: $2642.00Cash flow: $415.75Cash on cash ROI: $6.24%I have not walked the property so I can't be certain what the HVAC or roof look like.

2 September 2017 | 3 replies
@Trevor Carli have you tried reaching out to anyone involved in the Brew City meet up?

23 January 2020 | 27 replies
I did however, just by 2 touchless (no spinning brushes) automatic (no people) car washes myself about 6 months ago, and can to some degree speak to the work and one method of purchasing that business.

4 September 2017 | 8 replies
To top it off, I now live in Kentucky so i can't just hop in the car and make my way over there to do something... anything.

6 September 2017 | 16 replies
Getting lied to, IMO is the worst... oh, you don't have enough money for rent to be paid on time, but I see a new car?

16 September 2017 | 34 replies
I don't have any renters in Houston, but my mortgage lender (SWBC) contacted me giving automatic approval for up to 90 days of forbearance on loans on the property.