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5 January 2025 | 17 replies
That data would be sales price after remodel (the true numbers some agents really don't have the experience to be comping the property), the days on market you will experience (this is great info because you want to recycle the money quickly), and resources to sell the place fast not slowly which you do not want this because this could put your holding costs extremely high and push the property to little profit or no profit.
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28 December 2024 | 26 replies
Based on the pricing below, the above ad wording is, as best very misleading and, at worst, is not at all true.
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20 January 2025 | 57 replies
I oit's too much drama to do a wrap, it's not mutually beneficial to all parties and not a true deal (from my perspective anyway).
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5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
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24 December 2024 | 10 replies
That to me is true wholesale.. buy it and actually own it and then resell.
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6 January 2025 | 13 replies
My application includes an acknowledgment that everything is true and complete.
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3 January 2025 | 40 replies
When the cash flow is too good to be true, it always is.
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24 December 2024 | 14 replies
@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.
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30 December 2024 | 103 replies
They are business CC but I don't use them anymore and would rather use cash/debit cards.
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3 February 2025 | 56 replies
If these continual expenses are not made you end up with slum properties renting for a minimum weekly rate to transients.In a higher rate era, this will reign more true.