Steven Catudal
Increase in property taxes
4 January 2025 | 11 replies
You can try and fight it but does not mean you will be successfulI would also be curious to see what your property insurance looks likeFor me this is just another example that home prices are gonna eventually have to soften as between taxes, insurance and Interest rates home affordability is very challenging
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
These loans allow buyers to finance both the purchase and the cost of repairs.Creative Real Estate Solutions: Sometimes, creative solutions like owner financing or lease options can attract buyers who might not be able to purchase outright but are interested in a property like yours.It's important to weigh the costs and benefits of each option.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Christopher Morris
House Hacking in NJ
29 December 2024 | 23 replies
Or would you be open to other areas not mentioned that may be more affordable?
Faris Wright
Any housing prediction for 2025?
24 December 2024 | 2 replies
People carry too much debt and even if the debt was forgiven or paid off, incomes don't match affordability.
Steven Barr
Insurance on New Construction
24 December 2024 | 1 reply
What are y’all doing for insurance coverage solutions?
Stephanie Medina
How to leverage 401k accounts
27 December 2024 | 3 replies
Instead:401(k) loans: They’re low-interest, and you’re paying yourself back.Roth rollovers If you can afford the taxes now, this gives future flexibility.Creative financing: I’ve seen clients leverage partnerships or seller financing to limit retirement fund withdrawals.One thing to consider: real estate markets today are vastly different from a decade ago.. so opportunities may require extra creativity.Have you looked into specific deals yet?
Jonathan Grzeszczyk
Excited to Start My Real Estate Investing Journey
26 December 2024 | 2 replies
Remember, many sellers are looking for solutions to problems, so your role is about providing a service as much as closing a sale.As you navigate the wholesaling process, keep in mind the importance of due diligence.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
Will look to refi next year and get all our cash back (have 1 year left on generous seller financing)Failure: still battling a tenant eviction industrial property, costing me money (I can afford) but time and my energy (not a great use)A ha moment: just to focus on higher equity slugs into fewer deals, the law firm is #1 for me2025 goal: complete exit, closing Jan 9, keep making offers, grow the law firm with less billables
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
Realtor.com was the 98th most used website in the U.S. in 2015. 18,069 different websites link to Realtor.com.When Advertising on Zillow you should focus your attention on getting the biggest market share you can afford in one zip code.