Lorraine Hadden
Are You Leaving Money On The Table?
10 December 2024 | 0 replies
This phrase "Are You Leaving Money On The Table" could mean that you may have missed out on money in a deal that was there for the asking.
Sabian Ripplinger
should i use hard money to grow quicker
15 January 2025 | 3 replies
I have seen this range from as low as $100 up to $300.Do I need to pay anything before sitting at the closing table?
Treza Edwards
Real Estate Financing DCSR
15 January 2025 | 4 replies
I was going to use Kiavi, but apparently I do not have a consumer profile and lexisnexis has to locate it and this can take a while and I have a deal on the table that I do not want to lose.Please advise.Thanks!
Beau Wollens
First time fix and flip opportunity in Stamford Connecticut - Total Gut Renovation
13 January 2025 | 11 replies
Quote from @Beau Wollens: Quote from @Corby Goade: Quote from @Beau Wollens: Hey Everyone,I am an extremely novice real estate investor looking for some advice on an opportunity I have on the table.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn 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 neededKnow 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.
Melissa Compton
MTR / LTR Tech Stack
8 January 2025 | 0 replies
This works, but is VERY manual and I'd love to bring some automation to the table.
Shaylynn O'Leary
Advice: New Investor/Small but Mighty Portfolio/ Long Term Game Plan
21 December 2024 | 20 replies
I just was on BP's Real Estate Rookie podcast and talked about the small and mighty game plan.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
How do you get paid, Is this an under the table kind of situation or is it something to add as part of your business cash flow.
Erik Fredriksen
New Investor trying to learn more and make contacts
8 January 2025 | 4 replies
I am new to the real estate game.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
I thought it was interesting that I never even met with my banker until we got to the closing table.