
19 August 2024 | 46 replies
Are you offering them upfront fees?

19 August 2024 | 4 replies
However when I first I submitted a draw request for single family home the lender rejected the project management fee claiming it was not included in the approved loans budget.

19 August 2024 | 7 replies
Hey @Teekap Pate - Many condo deals in that area of Chicago get killed by the outrageous HOA fees.

21 August 2024 | 5 replies
Consider the down payment, closing fees, remodeling budget, and financial reserves while saving for a house worth $100-150k.

19 August 2024 | 2 replies
Note: LLC has bought/sold $12 million over the last year with and made a profit of 650,000 (without any of the partners RE commission contributed to the profits)Going forward Partner #1 wants the RE commission to be included in the profits - less a flat fee to her.

19 August 2024 | 2 replies
Pay the fees, $195 in SWFL. 1-2 days3.

19 August 2024 | 8 replies
Lastly there just is not enough of those type of deals to take on extra work and risk .. its too narrow of a niche.. and keep in mind my fee's FAR exceed normal HML fees they make it worth my while.

17 August 2024 | 10 replies
The free versions aren't very easy to edit so eventually you will want to have a subscription or have a local attorney draw a lease up for you.

20 August 2024 | 8 replies
@Adaze Foltz Benefits:Direct to the source; more control over the receipt of the funds (initial and any rehab draws); able to not just establish a relationship, but also perhaps gain referrals of other private lending sources (those that are happy with the returns and payoffs - talk (boast) to their friends); faster to the table; can negotiate the terms (rate, when payments are made, other fees and when they are paid, etc.); usually nothing reported to credit bureaus.Risks:Using up the private sources money (tapping them out); The private lender didn't receive their payoffs on other loans as anticipated so they are short of funding your deal(s).

17 August 2024 | 9 replies
If you plan to grow your portfolio, use a PM software that allows for corporate accounting so you don't need to get an additional Quickbooks subscription.