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16 January 2025 | 8 replies
Again, large commitment of time, patience, and ability needed.The amateur of “semi pro” investor should realize that the professional investors (such as myself) spend ALL DAY EVERY DAY doing the above.
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28 January 2025 | 6 replies
My business partner owns a roofing company but has weak credit and more limited cash flow.An LLC is a common choice for partnerships since it protects personal assets and simplifies tax management.
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21 January 2025 | 4 replies
If you close with a conventional loan, it will need to be in your personal name.
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8 February 2025 | 2 replies
Here’s what keeps successful house buyers winning (even when deals fall apart):**They don’t get emotionally attached to a deal- A lost deal is not a personal failure.
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4 February 2025 | 2 replies
I inherited a partnership in a 22 unit commercial building with 8 restaurants, a grocery store, a couple of personal care services, and various other businesses.
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24 January 2025 | 13 replies
I’m the last person who should complain about grammar, but these are yellow flags, at best.
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15 January 2025 | 34 replies
If you've kept up, you've realized by now that the bank received something of value from the borrower for free, and the borrower still hasn't received a single dime from anyone.
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30 January 2025 | 6 replies
@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)
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2 February 2025 | 4 replies
Told them to do a drive by and call me back with an offer :)The person who called you probably just spent $15,000 for mentoring and “education”, and is now in panic that his 250 cold calls have not produced anything .
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4 February 2025 | 1 reply
My personal property is located in pennsylvania and my friends who are foresters have told me I have oak and hickory that are 250 years old which is unheard of in PA. if I were you.