30 November 2024 | 4 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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27 November 2024 | 4 replies
You can start with interviewing 2-3 agents and look for proven track record.
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26 November 2024 | 2 replies
Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
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5 December 2024 | 37 replies
Alternatively, franchising could be a solid route—it offers scalability with a proven framework.
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26 November 2024 | 3 replies
This happened because this part of the site let me login with my Google account, whereas the store made me set up a manual account.Now the store doesn't recognize that I'm a Pro member and won't let me download the lease agreement package that I need for California without paying another $99.
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27 November 2024 | 11 replies
Even though it is not accurate in all markets, recognize there are markets worse and better than 50% rule and be able to justify any discrepancy. Â
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26 November 2024 | 2 replies
It's a strategy that has proven effective time and again.Five years is a solid timeframe to account for market fluctuations and ensure profitable sales.
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3 December 2024 | 21 replies
California does not recognize series LLCs.
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5 December 2024 | 554 replies
I think at some point you have to recognize you had a good run and take your chips off the table.
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26 November 2024 | 9 replies
To everyone on the wholesaling forums, understand this:Focus on learning from those with real experience and a proven track record of success.Don’t waste your energy on negativity.