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2 January 2025 | 12 replies
A lot of universities have students that need mid term housing due to graduation dates, mini semester programs, etc. and I've found if you approach them and offer them a solution to this problem, they are willing to work with you and help send business your way.
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16 January 2025 | 78 replies
I agree regarding turnkey solutions.
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2 January 2025 | 4 replies
Quote from @Jeffrey Mair: Hello, I am seeking advice or creative ideas to move closer to the goal of owning a home in San Diego county without the obvious solution of selling off my small rental portfolio.
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5 January 2025 | 18 replies
However, appreciation will put more dollars in your pocket over the long run.The best solution is to find a property with positive cash flow in an appreciating market.
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12 January 2025 | 185 replies
There is a simple solution.
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
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4 January 2025 | 16 replies
But not sure the solution which is to provide me teaching/training on how to get off market deals is something I can’t learn without a mentor.
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19 February 2025 | 88 replies
If you are in the less common areas where the taxes and ins are increasing by leaps, then the solution is to sell the property and take your equity and buy in an area where the tax/ins increases aren't out of line.
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8 January 2025 | 8 replies
Best regards, Vanja Dimitrijevic.1 - Opting for a cash-out refinance is a more permanent solution and generally offers better terms compared to a HELOC.
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9 January 2025 | 14 replies
Your solution is to increase income or to decrease expenses or both.