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16 January 2025 | 1 reply
Our strategy is successful but requires investors to commit to a fairly intense prospecting and decision making pattern.
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4 January 2025 | 4 replies
Make sure the estimates are very detailed (scope, SF, $/sf, schedule, etc) to ensure that there is a clear dilation between contract work and change orders.
9 January 2025 | 7 replies
It's lower than 1.5%, sometimes I price deals out conventional & DSCR, DSCR beats conventional pricing a fair amount of the time.The only catch is the prepayment penalty on a DSCR loan.
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30 December 2024 | 11 replies
But a tenant may, so the insurer provides coverage for a rental that you wouldn't have in an owner-occupied home.It's important you be very honest with your insurer about how the home is used so they can ensure the right coverage.
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20 January 2025 | 242 replies
And for them rasing capital on SM BP facebook whatever has been fairly easy compared to others who dont have a big SM or BP presence.Â
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13 January 2025 | 15 replies
Our website was just OK, our email campaigns were hit and miss, our conference presence was fairly minimal.Â
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23 January 2025 | 26 replies
I would gladly invest into it and put a considerable downpayment in todays market - ensuring solid cash flow.
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7 January 2025 | 2 replies
It's a fairly unregulated space (charging grandma $750 to puts around for 3 hours, after moving the old box from the horizontal sensor, which was the only problem with the garage door to begin with), so some combination of carefully reading reviews (you have to actually read them to make sure it's not 200 fake reviews), and maybe not giving them the full contract all at once, is in order.Â
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18 January 2025 | 13 replies
They may have been introduced to wholesaling as a low-barrier entry into real estate and never considered licensing as a viable option.Why Getting Licensed Could Be Beneficial:Access to MLS: Licensed agents can access MLS listings, making it easier to find deals and run comps.Credibility: Being licensed can increase trust and credibility with sellers and buyers.Expanded Opportunities: As you mentioned, having a license opens up the option to list properties traditionally when wholesaling isn’t the best fit.Legal Clarity: Licensing helps clarify what you can and can’t do, reducing the risk of running into legal issues that plague unlicensed wholesalers.It’s a balancing act, but for many serious operators, getting licensed seems like a logical step to expand opportunities and ensure compliance.
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25 January 2025 | 91 replies
Things in your tax filing need to be really off to do this.Being a REP/active participant and using cost seg to offset a spouses (or your own if that's all you do) W-2 wages is fairly common practice.