25 May 2020 | 11 replies
Originally posted by @Craig Lessler:Under the current situation in which most of the economy was shut down, the vast majority of people can in good faith state they have been adversely affected somehow by Covid-19.
12 May 2020 | 111 replies
You don’t ask the fat guy for fitness advice and you don’t ask the ford salesman for Chevy advice.
27 October 2020 | 113 replies
what gets me out of bed everyday is breath in my lungs a beat in my heart and the ability to consistily move forward , to be able to help as many people that I can in 24hr's
9 March 2022 | 118 replies
im going to go against the grain and say instead of of maxing your ira take the tax hit now open up a brokerage account and buy into some funds. this will make your money easily accessible for when you find a deal. i used to put as much as i could in my 401k. now i only do 6% and invest as much as i can in real estate/my own stock pick/funds. i personally dont plan on working until my 60's so rather find use to help me retire as soon as possible.
14 May 2022 | 198 replies
Of all these properties, I’ve seen two in real life before purchasing.Slight difference, he's a wholesaler:1) Has no clue of the mystery true buyer will give him a fat check or not beyond his own say-so.2) Has $0 dollars tied in escrow so no loyalty to the deal, which I think is immoral to make the seller take all the risk in reliance3) Thinks he's screwing over the seller at a low price.
21 April 2024 | 240 replies
Hey Justin,Thanks for your comment.Our bread and butter are single family but we are happy to take a "custom order" for multifamily.We usually do this for existing investors only tho.Also, as multifamily is out of the usual scope of what we do, we would require some fat cash in the deal to give us peace of mind that the transaction will actually go through.Over the years I have experienced many folks talking a big game but never actually playing it.Thus we need to protect the company in such a way by asking for $$$ in advance.Thanks again and don't hesitate to ask any further questions.
7 September 2018 | 9 replies
I must, however, satisfy some stipulations: 1) my offer must exceed the previous by 5% 2) I must put 5% down with the county clerk at the time I make my offer 3) I have 10 days to close 4) If i fail to close I forfeit the 5% down payment and also am required to make up any shortfall between the eventual sales price and the original offer 5) My offer can in turn be upset by another bidder or the original bidder.Long story short there are too many questionmarks for my taste at this point.
26 February 2024 | 7 replies
I'll stick to LLCs where members can, in my state (NC) and probably like most states, transfer their member (voting) interest and/or economic (non-voting) interest (see NCGS Transfer of economic interests) at will.
19 August 2024 | 3705 replies
Must have had a fat wallet to buy 65 properties and 300+ syndications in 10 years
29 January 2023 | 16 replies
If I further put canines & felines, that's hard to argue but I'm no lawyer.Because pet deposits aren't allowed for ESA, comfort and service animals, I have taken to raising deposit requirements on all my units.