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22 March 2024 | 6 replies
@Chris Papa, if you're going to be investing with a partner, it's definitely money well spent to hire a good attorney to form your entity and draft your operating agreement or otherwise memorialize the economic arrangement between you and your partner.
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20 March 2024 | 2 replies
They are getting what they really want, and you are crafting the deal to where it will still make sense for you.One potential issue is if what is most important to them is most important to you as well.
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19 March 2024 | 6 replies
If you have to, interview a couple until you find one that you "click" with. 2) Let that agent connect you with their network of investor-friendly lenders. 3) Meet with these lenders, have them talk over your finances with you and what loan products you would qualify for at the moment based on your income and assets. 4) Let the outcome of that conversation (#3) dictate your strategy moving forward and take your findings back to the realtor so you can craft a plan.
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17 March 2024 | 2 replies
It’s possible I did a poor job of explaining this, this isn’t really a service for investors per se’ in fact I would probably in an ideal enjoy doing this more for primary home buyers, this to me is an alternative to the 2.5% commission model, you cut out the most time consuming and often in my opinion least valuable part of the job which is showing people around and opening cabinets and seeing if they are soft close or not lol (I presume in this new world there will be more open house, more showings by listing agents, possibly more services that allow buyers to show themselves houses like the Redfin does on some of its listing) because of that plus the guarantee of getting at least something for your time allows you to theoretically charge much less while still providing the important parts of the job, like you should consider this area, let’s go over this home inspection repost, here’s how we should craft an offer etc, even spending time explaining rent vs buy calculation and personal finance etc, plus the being able to be paid regardless of your advice, I’ve had countless clients who has just a myriad of bad ideas I’ve talked out of, but of course you don’t get paid for that in this commission structure.
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12 March 2024 | 19 replies
For now I'll try to go off memory.1.
13 March 2024 | 70 replies
Its just like when i have sold homes on contract to folks that are so used to renting.. and they call with a maintenance request they dont know any better.But this brought up a memory.
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9 March 2024 | 8 replies
Quote from @Kyle Craft: Hi all, Kyle here Carolina born, South Florida living.
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12 March 2024 | 250 replies
As compared to today, the former process was more like crafting a fine piece of handmade furniture, instead of buying something at Ikea.
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8 March 2024 | 0 replies
I’ve often struggled to describe the powerful combination of anxiety and elation of entrepreneurship but maybe I was not tapping into the right middle school memories, buried beneath braces and rejection.
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7 March 2024 | 2 replies
I believe it's the office of of the zoning administrator but it's been a while and my memory sucks.It's not the sites themselves that are misrepresenting, it's the folks creating the listings.