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30 July 2024 | 0 replies
Competition..However, most investors are not aware of off-market properties..But not any off-market, the undervalued ones.These Deals are gold..Most investors don’t know how to really get them .Some do direct mail , cold calling , chasing people down and begging for deals.And except to get those deals.The Thing is those deals are not on the radar for a reason.And to get those deals, there is a very simple set of requirements that need to be met and systems that have to be implemented .Once you know these requirements and systems, it's just a matter of executing them properly and with consistency..And the undervalued off-market deals will come to you.It really is that easy….I’ve getting off-market properties for over 3 years now without even working to get them.Like 2 years ago I got this off-market deal and it was just a piece of land in the desert .For real .And I took it for 20k.No one I know didn’t make fun of me.They call me stupid .But I trust the requirements and the systems.Now 3 years later this land is worth almost $700.000 ($642k).It's all thanks to the fact that I can find undervalued off-market properties..And no, I start with nothing and zero connections..But that doesn't matter, because you don't need to have the connections, to be a sweet talker or have millions in the bank.If you’re sick of finding deals .Then all you need to have are requirements and systems to get you off-market deals.But please just don’t think that cold calling is the way.It’s sad.I will write another post about the systems and requirements to get those deals.just be open-minded that there are systems to get off-market deals.And that’s why some investors make millions and some don’t .They have step-by-step systems that guarantee getting those deals.Thanks for reading,
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1 August 2024 | 42 replies
You can get some sweet rent for that in L.A.
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31 July 2024 | 34 replies
Your sweet spot will be 1 and 2 bedroom units.
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31 July 2024 | 27 replies
Right in my sweet spot neighborhood.
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29 July 2024 | 9 replies
Then it will carry forward in the 1031 as they file your form 8824.Sweet!
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31 July 2024 | 53 replies
My approach is probably fairly unique in that if the homeowner wants to keep the house and would traditionally not be able to, I point them in the direction of their equitable remedies and have had success helping folks keep their house and work out a sweet deal with the finance company to boot; I've retained a minority equity stake in the properties as a result.In the case where it's a non-owner occupied property and the investor no longer wants the headache, I negotiate either an acquisition in trust of the LLC/Corporation that is holding the deed, or have the deed quit claimed to me individually.
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2 August 2024 | 53 replies
The sweet spot to get the interest is 6%, the 5.5% is where activity starts but 5% & sub is where the real activity starts and starts coming to that 5-6 month housing supply stock in my opinion.
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24 July 2024 | 4 replies
We have been proposed a deal where we would renovate the sellers duplex from a 2 to a 4 and while doing that, our sweat equity would earn our down payment To purchase the property through them. Has anyone ever done a ...
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23 July 2024 | 6 replies
Quote from @Jerrell Sweeting: So I'm coming up with ideas of how I can make money wholesaling and I have some questions to see if these ideas could work.If i were to go under contract with a FSBO, for a set price on a property with an assignable contract.