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31 January 2025 | 20 replies
U guys let it get this far over 3400.00 its your fault.. even if you did something wrong.. who is going to go to arbitration for such a small amount of money..
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12 February 2025 | 9 replies
Then once you spend the money for that.. then the contractor will simply file a UNJUST Enrichment claim so your back to square one..
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6 February 2025 | 11 replies
None really reduce the amount of money they have to come up with, but if they are broke as a joke do you really want them as your tenants?
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12 February 2025 | 0 replies
I partnered with a friend on this deal, he put up $20k and his contractor knowledge and I the rest of the money to complete the work.
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10 February 2025 | 2 replies
I spent a lot of time and money to learn how to structure seller financing deals.
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31 January 2025 | 3 replies
I bought a property that was newly rehabbed without having to put in the rehab money.
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16 February 2025 | 61 replies
Money was deposited into my account the day after checkout.
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10 February 2025 | 24 replies
No, they don't want us to lose money, they just want to make sure we make no money!
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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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5 February 2025 | 5 replies
So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000.