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4 February 2025 | 4 replies
It's not fool proof but I've weeded out a lot of people this way without spending money for marketing.
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2 January 2025 | 16 replies
@Richa Wardhan every investor has to find their own answer to your basic question - focus on portfolio growth or paying off what you have.Portfolio Growth leverages your money using loans and tenants paying off these loans.
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3 February 2025 | 6 replies
In-person interactions are great for building trust with potential investors.Real Estate Platforms:BiggerPockets: A robust platform for connecting with private lenders and investors.Fund That Flip, PeerStreet, Groundfloor: Online platforms connecting investors with real estate projects.Social Media Groups: Facebook and LinkedIn groups dedicated to real estate investing often have private investors or lenders looking to connect.Personal Network: Often overlooked, but friends, family, and colleagues may know individuals interested in investing.Private Money Brokers: If you're working on wholesaling deals, you may find brokers who have established relationships with private money lenders.Real Estate Agents: Some agents have connections with private investors, especially those focused on investment properties.For your 50% LTV, it's good to approach investors who may be interested in lower-risk, high-equity deals.
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7 January 2025 | 5 replies
The loan you have with them will not support an LLC, so there is no documenation to give you.
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25 January 2025 | 1 reply
They would be putting in some money and their service as sweat equity, and we would be putting up money and my wife’s services.
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24 January 2025 | 18 replies
@Geoff Engel If you don't want to be a landlord but still want to be involved with investing you could be a private money lender for flips or in partnerships and bring the money to the deal.
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7 January 2025 | 3 replies
Additionally, not all transaction types support Locations, meaning you'll have to create journal entries to correct them—requiring a solid understanding of debits and credits, which can be time-consuming and error-prone.Instead, I recommend biting the bullet and upgrading to QuickBooks Online Plus for each entity.
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24 January 2025 | 12 replies
You can use seller financing, or you can use hard or private money.
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23 January 2025 | 7 replies
I would rather do this and retain my money then give it to the bank as interest.
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29 January 2025 | 5 replies
Of course you can never have control of the money and you must have your QI in parcel before your sale completes. .