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3 August 2024 | 27 replies
The Alabama Supreme Court has been looking for a test case so they can pivot to more rigorous pleading standards.
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1 August 2024 | 15 replies
I'm curious why you aren't just pivoting to a LTR with this property?
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3 August 2024 | 19 replies
Markets are forward looking and price-in expectations, so much of what youre seeing right now is the bond market behaving in line with a guaranteed Fed pivot in Sept and major rate cuts over the next two years.
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2 August 2024 | 19 replies
Quote from @Jason Jacob: She says a sexecutor she cant do anything until taxes are paidI already explained there is no gains tax due to step up basis at time of death and the IRS has no role in property tax.
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1 August 2024 | 2 replies
I have been working full-time RE, BRRRR method on single-family homes in my local area for the past 4 years. 22 homes completed- (2 sold) 20 long term rented. My interest for this Post is my lending method thus fa...
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6 August 2024 | 49 replies
It took about a month of constant negotiation and some very helpful role-play with these guys to satisfy the seller andovercome some of the Seller's objections.
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2 August 2024 | 12 replies
The most popular way to speed up your real estate growth is to buy fixer-uppers, rehab them with mostly sweat equity, rent them out for significantly more than 1% of your total purchase price per month, and then refinance the property to extract as much money as possible for your next down payment.It’s doable, but you need to find the worst property on the nicest block, as this will play a significant role in your refinance discussions later.Let me know if you would like to chat more and learn about the Toledo market, which is well-suited for what you are looking to do.Best regards,Phillip DakhnovetsGuardian Property Management419-740-0370
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30 July 2024 | 6 replies
Once fully satisfied, the split becomes 50/50.When accessing this deal, here’s what went through my mind:A PMP would have to be okay with holding their funds long-termThe borrower would need to be experienced with doing wraps, as it takes time to get willing and able buyerThe borrower would need experience in pivoting to a different exit strategy should they fail to successfully execute a wrapWith NO EQUITY on the property originally, and the PMP being in second position, the borrower would likely need to cross-collateralize if the PMP has NO INTEREST in taking over the propertyMy conclusion, from looking at this from a thoroughly analytical standpoint, would be only someone who has a moderate to high risk tolerance and cares about cash flow without pulling out and parking their money into numerous deals would likely lend on this.Anyways, thoughts anyone?
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1 August 2024 | 16 replies
Lessons learned along the way.I pivoted to buying distressed and fixing them up.
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30 July 2024 | 2 replies
In my previous role, I encountered numerous instances of real estate fraud, which opened my eyes to the importance of legitimacy and trust in this industry.After months of studying the markets and educating ourselves on the BRRRR method, we are thrilled to have potentially found our first deal, along with other promising prospects.