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17 October 2018 | 2 replies
@Kyle Mccaw It seems like a common practice...as long as the numbers work out.
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11 October 2018 | 3 replies
@Brittaney Krischke - Go through all this and you'll be an expert wholesaler at the end (in theory; the practice is a whole different story):https://www.biggerpockets.com/blogs/7276/47735-the-ethics-of-wholesalinghttps://www.biggerpockets.com/blogs/5101/47691-wholesaling-tips-with-tic-tac-toehttps://www.biggerpockets.com/blogs/5101/47552-wholesalinghttps://www.biggerpockets.com/forums/517/topics/345427-white-paper-wholesaling-101-direct-mail-based-on-bp-postshttps://www.biggerpockets.com/blogs/6539/44228-wholesaling-is-illegal---no-really-it-is--at-least-in-my-statehttps://www.biggerpockets.com/blogs/4430/54368-guide-to-automatically-wholesaling-over-20-deals-a-monthhttps://www.biggerpockets.com/renewsblog/2009/12/17/wholesaling-houses-faq/https://www.biggerpockets.com/renewsblog/answers-top-5-questions-asked-aspiring-wholesalers/https://www.biggerpockets.com/forums/12/topics/586478-questions-to-ask-a-lawyer-before-wholesalinghttps://www.biggerpockets.com/renewsblog/2009/11/26/10-questions-investors-adding-wholesale-buyers-list/https://www.biggerpockets.com/forums/12/topics/588362-questions-to-ask-potential-sellers-for-a-wholesale-dealhttps://www.biggerpockets.com/renewsblog/2009/06/24/answer-subjectto-questions/https://www.biggerpockets.com/forums/93/topics/590614-what-are-the-top-key-questions-to-ask-seller-when-contactedhttps://www.biggerpockets.com/renewsblog/2008/07/30/the-single-most-important-question-to-ask-when-negotiating-with-a-seller/https://www.biggerpockets.com/forums/93/topics/588666-have-questions-on-wholesalehttps://www.biggerpockets.com/forums/93/topics/595659-wholesaling-advice-and-questionshttps://www.biggerpockets.com/forums/93/topics/601390-rei-questions-for-wholesalerhttps://www.biggerpockets.com/renewsblog/wholesaling-questions-answered/https://www.biggerpockets.com/renewsblog/2015/05/12/questions-about-closing-wholesaling-deal-get-answers/https://www.biggerpockets.com/forums/93/topics/591896-so-many-questions-about-wholesalinghttps://www.biggerpockets.com/forums/517/topics/595564-ask-me-about-multi-touch-direct-mail-campaignshttps://www.biggerpockets.com/forums/93/topics/603653-lots-of-random-wholesaling-questions-from-a-newbiehttps://www.biggerpockets.com/forums/517/topics/602974-138-leads-in-28-days-in-the-houston-texas-area-ask-me-anythinghttps://www.biggerpockets.com/forums/585/topics/608176-probate-leads-how-to-find-them
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14 October 2018 | 17 replies
You have to deal with several external entitiesa) Title search companyb) Lender ordered appraisalc) Home inspectord) Closing attorneyIn theory, everybody could do their job in 2 days but in practice it does not happen.
25 October 2018 | 193 replies
. :) Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.
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12 October 2018 | 37 replies
Bad things happen to Good people everyday, I offer practical experience credit advice to those who want to listen, I had one renter that rented from me for 4 years, rebuilding her credit, She had me fill out forms for financial institutions about her rental history, last fall she Qualified for her first home , I couldn't have been happier for her.
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15 October 2018 | 30 replies
Agree, from a practical point of view, it is a ridiculous request....do you think a buyer is going to do inspections, go through the Actual mtg approval process, pay for appraisals, etc all the while knowing other people may be doing this and they could be doing it for nothing?
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12 October 2018 | 1 reply
It is common practice to raise rents to market rates.
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18 October 2018 | 22 replies
If you have some requirements to meet, it's a good practice to review your financials at least in the last month of every quarter when reports are due, to make sure the numbers are good.
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12 October 2018 | 0 replies
However, I am confident that I would be able to successfully generate buyer and seller leads at scale using Google/Facebook/Instagram ads, so I am tempted.I've also thought about using my marketing experience to get leads for distressed properties and then wholesale them, but again I'm a newbie when it comes to investing in real estate, so I don't even know if that's practical in my area (Seattle).Are there any other paths I could take that comes to mind?
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15 October 2018 | 35 replies
I know other guys who spent their youth focused on getting a practical STEM degree in a field with quality employment prospects, orchestrating their career, aiming themselves for financial glory.