26 March 2024 | 10 replies
You should have been telling, not asking, and it should have been within the confines of your lease, to wit: "Hi, I hope you are enjoying your new home.
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25 March 2024 | 28 replies
I grew up in CA and Az and witnessed many BFE locations like Cal City that we thought no one would buy, build upon, or live in, that are now completely developed.
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23 March 2024 | 7 replies
I'd love to connect, ask questions, and hear recommendations of areas to invest in and professionals to work with.Please feel free to send a DM.Thanks and God Bless!
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23 March 2024 | 12 replies
Gustavo you always need to take a witness with you when you are dealing with a beligerant Tenant.
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23 March 2024 | 5 replies
Blessings, Joel
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24 March 2024 | 19 replies
Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed.
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22 March 2024 | 21 replies
Can conceal and carry also mate.Toledo is the place to be 😁 Guns, Reefer & Cash Flow.....If Toledo gets a River Boat Casino, I'm moving there tomorrow. haha love itHollywood Casino mateIt's not bad - https://www.hollywoodcasinotoledo.com/I prefer your Jack Casino tho in Cleveland Am I witnessing a budding bromance between @Engelo Rumora and @James Wise?
24 March 2024 | 25 replies
Most people haven't done very many deals though, that's why they benefit from working with a professional.Some recent examples in my 1st hand experience... last year I witnessed a FSBO seller leave $400k on the table.