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22 May 2024 | 20 replies
This was based on asking a lot of questions, seeing if they answer them in a BS way, ask for referrals for some of their existing clients and research them and make sure they are in the market.
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21 May 2024 | 48 replies
NO, you do not determine how much sec 8 is going to pay, it's based on the FMR and in some cases they pay more.
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21 May 2024 | 41 replies
The value of any rental property is based on the expected cash flow.
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21 May 2024 | 4 replies
It's important to weigh the pros and cons of each approach based on your risk tolerance, comfort level, and long-term goals.Good luck!
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20 May 2024 | 11 replies
Took me a minute but while we may disagree with some of this I guess your basic premise from your last sentence that foreclosures are based on fraud is one I can't argue.
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18 May 2024 | 6 replies
I hear countless horror stories from borrowers who get held up due to bad bank administration policies which are most impactful when you’re working on a draw schedule.
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21 May 2024 | 11 replies
I will reach out to you directly to discuss drawings and site plans if you are ok with that after we speak with a lender, as that is a great place to start.Congrats on the 100th home build, and growth, huge milestones :) To many more and great success.Cheers
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21 May 2024 | 8 replies
@Braden Heard start farming & growing your personal network to find deals that you can start out wholesaling, then flipping, then buy & hold as rentals to build wealth.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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21 May 2024 | 5 replies
It's important to work with lenders and agents who know how to structure a deal based on this program, proven you qualify for it.
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22 May 2024 | 13 replies
(The question I am asking is in the 2nd paragraph by the way, if you missed it) I will not even look at a property unless I am getting 15- 25% NET per year, based on cash purchase.