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15 August 2024 | 8 replies
For farm rural property loans, will be harder to come by if you want to get money out of your property, a good rule is to plan on keeping a land property for at least 10 years.If you goal is more cash flow related, you might want to look at buying single family, duplex, triplex or quadplex properties, these are the easiest properties to finance, and there are hundreds if not thousands of lenders in this space.
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15 August 2024 | 4 replies
As far as more technical financial analysis you mentioned above, I have found it is easiest to track these items in excel - I just update the workbook each time I analyze.
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15 August 2024 | 34 replies
You’re already giving strangers the equivalent of a cash gift every month.
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14 August 2024 | 1 reply
The 2nd part of the question would be what is the family situation how many siblings will inherit the property if the property passes, and keep in mind your husband has his inheritance in that property as well, so you should consider that when negotiating a price.If you can I would try to build a quadplex on the property, this is going to be the easiest way to generate money, and the most stable route for future income.
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18 August 2024 | 52 replies
None of the above is new or earth shattering, but his marketing blitz approach and auction style open house along with gift cards for signing in, free stuff if offer is made within 48 hours etc.
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12 August 2024 | 2 replies
Save and wait unless you can find a killer seller financed deal.And by relative willing to lend you $2000 - you will want to ensure it is a gift (a true one).There is a difference between lend and gift and it can have a meaningful impact on if those funds are valid for financing sake.
21 August 2024 | 182 replies
I know this is a bold statement but spending 20 years there owning and loaning to out of state investors many times on the same home 2 to to 3 times and one landlord fails and another picks it up and has to remodel yet again.My tips are a gift to the employee not the business owner.
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12 August 2024 | 3 replies
Hello Laura,I have actively purchased land that I identified for the last 10+ years.The easiest way to find out if the land is for sale is to talk to the owner directly.You can use tools such as Whitepages.com surprisingly they have over 90% of people's cell numbers.If you can't get the owner on the phone, I would send them a letter asking them if they want to sell, I have seen other people use actual contract offers that they send out to the owner trying to purchase the property.I would not share my concept unless its some sort of Charity that you are either seeking a partner or donation for.I haven't used PropStream, However one really good tool is called Land Glide, its and app on your phone, and you can look at the parcel makes in real time, and also see the owner info and for each parcel.Hope this helps,Dustin
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14 August 2024 | 12 replies
In fact its the EASIEST service call I get since I can arrange for the replacement within just a few minutes.
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12 August 2024 | 8 replies
You may have an amazing gift from Uncle Sam.