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26 June 2016 | 4 replies
Perhaps you could recommend any investors that could facilitate this transaction.For the past three years I've successfully studied & been involved with over 400 various industries as a designer & marketing consultant.Currently, everywhere you look people are buying and flipping real estate.It seems everyone is buying a home, fixing it up a little, and selling it almost immediately for a sizeable profit.We read about it in newspapers, online, and there were even television shows based on flipping houses.The flipping real estate business model works great.But here’s the good news for you . . .that same business model works in many other areas.You can flip non real estate assets just as easily, maybe easier than flipping houses.You can also use leveraged buy out techniques to alternatively buy & hold already existing businesses similar to properties also.Through the use of transactional funding I've realized that I could borrow a $250,000 swing loan from a bank, give that to the seller in morning.That would make the business mine.Then in the afternoon I could take all the assets that are in the business that I just bought and raise $360,000 (80% of $440,0000) the same day from an asset-based lender.Then I could take $250,000 of the $360,000 and instantly repay the transactional loan.Then, I'll have a $110,000 cash windfall in my bank account, which I could now use to run the business and pay myself a big bonus.The double escrow basically enables someone to do this: I never touch the $250,000 of the down payment monies put into escrow by the lender.The asset-based lender never hands methe $360,000 check.
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5 March 2017 | 42 replies
Kiyosaki advocates GOING SLOW (look at lots and lots of deals) I get instant alerts on redfin and then do additional research on propertyradar ($50 month) the equivalent of ABC (always be closing) in sales is ABE "always be evaluating" honestly, I think it becomes rather OBVIOUS over time what a good/great deal looks like.Building/Buying 4 plex out of state could be a reallly good move though... as new construction attracts better tenants and would have little maintenance/headachesGood luck...and remember... the most inexpensive house/houses could be the EXPENSIVE house.
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29 April 2014 | 58 replies
Most of the people here instantly jumped to conclusions about this woman and want her out on the street.
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6 February 2024 | 7 replies
He kept avoiding our requests and said we should claim it in our 2023 taxes instead… The last straw for us was when he tried to charge us another $7.5k to file our taxes which obviously ended our relationship instantly.
13 June 2014 | 2 replies
Below if from the company: "A powerful, virtually instant multi-jurisdictional search of over 245 million state and county criminal records.
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25 February 2018 | 8 replies
This gives you instant great data (ignore that Zestimate, of course) like parcel number, tax info, link to County database, sale history, etc.
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12 October 2009 | 30 replies
Doing so is an instant disconnect from any possibility of a strong relationship in the future.
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16 November 2012 | 8 replies
I guess it is a matter of instant gratification compared to delayed gratification.
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6 March 2021 | 57 replies
Anyone can go to our website and request to "view properties" and you'll instantly get the opportunity to view 3.
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8 January 2013 | 18 replies
Setting up a bank account where tenants can deposit cash will help getting rent without having to walk around with too much cash in your pocket and provides and instant record of rents received but may not help the paper trail for an eviction.