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11 February 2025 | 6 replies
Why ask: A mentor who is actively involved in the market is more likely to offer relevant, real-time insights, strategies, and lessons learned.
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11 February 2025 | 6 replies
I have looked at getting involved in real estate for years but never pulled the trigger for one reason or another.
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14 February 2025 | 2 replies
Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.
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18 February 2025 | 4 replies
Jared Smith, really interesting way to involve your kids :-).
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18 February 2025 | 5 replies
After being involved in right around 40 deals (Mostly flips, some rentals as well as subject to transactions), I am now an agent with Keller Williams Intown Atlanta.
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18 February 2025 | 3 replies
Make sure to provide clear disclosures to the seller about the risks involved, especially regarding the existing mortgage staying in their name.Insurance Considerations – You’ll need to work with an insurance agent who understands sub-to deals, as the lender might require a policy that keeps the seller as the named insured.Due-On-Sale Clause – While banks rarely call loans due, it’s still a possibility.
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17 February 2025 | 4 replies
Also the contractor selection will be key.Everything involved in historic renovation comes down to experience and communication.
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16 February 2025 | 11 replies
Governmental agencies do get involved, often very late in the game and often just having the guru agree to a “cease and desist” order
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18 February 2025 | 24 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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12 February 2025 | 2 replies
@Mayank JainDo you have a W2 job or do you own a business that is not involved in real estate?