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24 January 2025 | 10 replies
It is a new construction where they will not reduce the price in lieu of broker commission to keep their comps high.
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7 February 2025 | 25 replies
Yes I recently purchase this so called mentorship but before I made the purchase like a few other people stated here on this platform they were contacted and a so call interview to see if you are a good fit ...bulls..t they pry to see if you can pay with a credit card as Ed said word for word you can use more than one card but before purchasing I told Ed Peter's right hand man I do not want books and video if that is what it is I don't want it .. ooh no he says we hold your hand meaning peter as I can see someone else got the same script on this platform ..after paying 15 000 guess what came in the mail books and software with videos go figure and I stressed that is not what I want and asked for my money and Peter said no refunds I suggest you watch the videos I called to chime in on his Q&A session he was answering question from one of the another protégé and once he finished and the protégé hung up Peter said if you have any questions punch *6 so I'd did just that instead of him asking me what was my question he hung up the phone on me as if I was not there it is was sad because there was only 2 people that was on the line me and the other supposed to be protégé if you are thing Bout being apart of epartners I suggest you think twice I don't think it is a good idea I am out of 15 000 as 4/26/22 I am furious these so-called wealthy people are ripping of the public 15,000 is a lot of money to be in debt with no income coming in and you put your trust in a person that claims to be helping you reach financial freedom and don't give a dam if you live or die stay away from this program
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20 January 2025 | 8 replies
We do want to settle in a little bit here while continuing to do our homework, but hope to get into something in the next 6-12 months.With the way interest rates are looking now and what little I see on public listings, I think a smaller multi-family that needs a little rehab would be the best bet.
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15 January 2025 | 8 replies
Hi, pre foreclosure in all of its permutations, before the bank sends Notice of Default (NOD) or efter which is state even county dependant but often starts a 4 week clock till the trustee auction are the 2nd most difficult deal scenario and IMHO only experienced investors should bother, the 1st most difficult deal scenario are bidding at the court house steps on lord only knows what is being auctioned off sometimes even 2nd mortgages, you need to do so much home work to attempt to reduce your risk at the court house steps...Pre foreclosure no one talks about these issues, always about the nice sounding stuff like "motivated seller" get a good deal etc etc both are usually not the case.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction.
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21 January 2025 | 20 replies
The flat fee buyer agency fee reduces the amount of the buyer credit/refund, generally by $6,000 (although options range from $999 to $8999, depending on how much help the buyer wants from the agent).
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21 January 2025 | 5 replies
Just be mindful of the following things when it comes to California.California does not recognize Bonus DepreciationCalifornia does not recognize real estate professional status.Therefore, you can potentially reduce your Federal taxes but not your California taxes.
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17 January 2025 | 40 replies
This is a public forum to vote on the proposed text.
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27 January 2025 | 7 replies
With newer notes especially, partials reduce the discount.I'm not a fan of balloons for seller financing - especially shorter than 10 years.
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13 February 2025 | 25 replies
So they often will reduce the leverage of the loan (getting 65% instead of 75%) or deny it (which isn't as likely).
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29 January 2025 | 7 replies
Capitalize renovation costs to increase the property’s basis and reduce future taxable gains.