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15 January 2025 | 7 replies
If they suspend/lose their license, they're dead in the water.
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3 January 2025 | 2 replies
Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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12 January 2025 | 8 replies
Housing isn’t just another commodity; it’s a basic need, and it’s disturbing to think of families losing homes while corporations chase higher margins.For now, I’m left wondering what this case will reveal as it moves forward.
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21 January 2025 | 27 replies
There is no faster way to lose your pile than thinking price is a predicate for a sale.
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16 January 2025 | 40 replies
The terms of service still apply and the risks of losing the listings are still there.A 'brand" isn't anything other than a name attached to a person or a system or a process.
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12 January 2025 | 23 replies
Even if they have plenty of money saved, sometimes the fear of losing the money in an investment is too great.
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3 January 2025 | 5 replies
If you build a buyer's list and you send them deals where the repair costs aren't close, you will lose them.
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1 January 2025 | 8 replies
The WORST result for you would be losing your EMD which is exactly what happens if you don’t go to court.
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4 January 2025 | 14 replies
You mentioned the following: "Take a look at what markets you are planning on starting in and make sure it is a growing market where the appreciation is obvious (emphasis added)."