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2 February 2025 | 14 replies
He told me they don't care if the houses make money, only that they more or less hold their principal because what we think of here in the US as volatility is laughable to most of the rest of the world.
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21 January 2025 | 21 replies
I like that lawn and snow removal is taken care of in an association, but dislike that expense each month.
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7 February 2025 | 54 replies
And possibly even more money back if you did some of the work yourselves.So now you have a new home that you're living in that has probably 25% equity in it, you have a cash flowing seller financed property with no maintenance because you've sold it on seller financing and they're going to be taken care of the property because it is their property but yet you still benefit from cash flow because you are the bank.
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25 January 2025 | 24 replies
Quote from @Tiarnan Gormley: Quote from @Wale Lawal: @Tiarnan GormleyStarting your real estate journey while living abroad is ambitious but entirely achievable with careful planning.
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21 January 2025 | 11 replies
My advice is to tread carefully.
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26 January 2025 | 43 replies
Quote from @Peter Walther: Quote from @Bob Floss II: I don't know the laws in your area, but tread carefully assuming a judge will award specific performance when money damages are available.
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15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
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12 January 2025 | 2 replies
Listening carefully and asking open-ended questions like “What’s most important to you in this deal?”
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15 January 2025 | 11 replies
Staff often seemed to focus on one requirement at a time, and only moving on to others as each was taken care of, instead of starting them all at the same time.
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10 January 2025 | 4 replies
And who is taking care of the landscaping/snow removal?