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26 January 2025 | 24 replies
For example, in Kansas they have the 14/30 (basically you will rectify the situation in 14 days and if not you have 30 days to depart i.e. before you can file eviction).
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30 January 2025 | 47 replies
That system is basically: 1/ take advantage of PMLs who don't understand the market, 2/ Take that money and use it for a predatory lending scheme.
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29 January 2025 | 10 replies
Just some basic stuff you should try to follow if able.
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4 February 2025 | 24 replies
If you don't understand the basic principles of construction, market standards (i.e. average cost per labor hour, cost per sqft for flooring, cost per sqft for hang/finish drywall) then you may find yourself getting taken advantage of without even knowing it.
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17 January 2025 | 19 replies
I am an accidental builder IE lent to builders who went busto and had to take over the projects. that was in 2013 muddled my way through the first 4 projects that I had to take over .. then felt WTF I am putting up all the money basically and taking the lions share of the risk why dont I just try to do it all..
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16 January 2025 | 1 reply
Assuming:40 hours: W2 job56 hours: Sleep21 hours: Basic daily tasks= 51 hours potential REI time💡 Pro Tip: It's not about finding time; it's about allocating the time you have strategically.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.
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22 January 2025 | 2 replies
There are often weekends or holidays that finding even a basic motel for the night in some areas is nearly impossible (especially if you have pets!)
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29 January 2025 | 21 replies
Basically it's "Hey borrower, you already signed a deed in lieu.
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5 February 2025 | 56 replies
that is basically not happening...
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14 January 2025 | 2 replies
Basically they'll come up with reasons as to why the "guarantee" doesn't apply to your situation.