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11 February 2025 | 13 replies
I could move over to Cleveland to use the same property management for a similar deal?
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25 February 2025 | 13 replies
As long as I'm not over-extending, she's happy.
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24 February 2025 | 8 replies
On the flip side, I am in the process of acquiring over $1.5M in defaulted DSCR loans form borrowers who are your age that put 25% down but had no money to fix any of the problems = lost the renters and walked from the property.
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21 February 2025 | 10 replies
If you are working as a sub for me , you are interviewed , background checked , proof of insurance , license , EIN number etc .Sure hiring a illegal from a parking lot can be cheaper ..............Until they are not , they get hurt and file a claim against you , they screw up the job and it cost more to do it over than do it right .
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22 January 2025 | 5 replies
Quote from @Vikas Jain: Yes, I have already seen the buy-in, im less concerned about that part of it, but just want to make sure its legitimate (plenty of opportunities where buyin is high but it doesn't always mean the product is good, just been burned in the past by others so trying to do better due diligence this time around)Their success rate, as of now, is 100 percent.
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23 February 2025 | 1 reply
Hi Lawrence, 3 quick pointers:1. it's normal to be nervous with doing anything for the first time 2. over prepare, practice your scripts and role play3. it's just a conversation, don't sweat itAlso make sure you know what the goal of your call is.
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14 February 2025 | 8 replies
Once the home is a rental, you can deduct operating expenses like property taxes, mortgage interest, insurance, and depreciation (over 27.5 years for long-term rentals).
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14 February 2025 | 6 replies
I live in San Diego, CA and purchased 3 single family homes over the last year, 1 in TX and 2 in OH.
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25 February 2025 | 4 replies
Our process is to initially get to know them face-to-face, by meeting a few times over lunch or dinner and even walking a few of their properties.
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12 February 2025 | 3 replies
Again, when the process is almost over, look back and evaluate.