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15 November 2024 | 3 replies
If you’re planning to hold the property long-term and want to avoid potential roofing issues down the road, I would lean toward the standing seam steel roof.
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27 November 2024 | 13 replies
Do that for a year or two and then help that owner buy another and you take a cut in the deal maybe in exchange for management.
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21 November 2024 | 12 replies
Wholesalers typically do not carry Errors and Omissions (E/O) insurance, so even if the court rules in your favor, they might not have the financial means to compensate you.Furthermore, ensure that a reputable title company handles the transaction, as some companies may cut corners.
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20 November 2024 | 6 replies
Unfortunately, Texas has a law prohibiting HELOCs on rental properties and I believe they also have a 70-75% max total loans allowed on the property which cuts into the equity I've built and would only allow for me to access 30K which would make it less appealing to go through the process for only 30K.
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2 December 2024 | 35 replies
At a 500-700k budget, I'd look at a 2-4 unit property in places like East Nashville, Colorado Springs, Raleigh-Durham, Richmond, VA, maybe Salt Lake City (though that budget might not cut it there).
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25 November 2024 | 23 replies
You can go over cost vs time all you want but at the end of the day, for me anyways... doing the stamp licking, printing cutting etc... just sucked big time and I'd be a very happy man if I never did it again.
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21 November 2024 | 7 replies
I hope everyone is having a good day.Best regards, Briant R.Be cautious with wholesaling in real estate, as many wholesalers engage in unethical practices and cut corners.
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21 November 2024 | 12 replies
After years in the highly active BRRRR, sales, and rehab realms as an RE broker, I quite enjoy throwing on my boots and riding a zero turn mower, taking a Jon Boat out on our pond, or cutting up a downed tree for firewood.
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12 November 2024 | 17 replies
Should we sell the property when we leave and cut our losses?
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7 December 2024 | 150 replies
I could lose my entire investment 400 times (and get 400 practice sessions in 400 days) for the price of the education, and if I couldn't learn the ropes well before I completed 400 deals in a single year, I'm not cut out for that business.