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26 May 2024 | 10 replies
Also, investments over $550K now qualify for a 10-year golden Visa, which is drawing even more investors to the city.In Dubai the investment process is pretty straightforward, thanks to a business-friendly environment.
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25 May 2024 | 2 replies
I called the plumber and he came said there is no problem with the pipe, 300$ for the installation of the washer...Home warranty through Home Depot- came three times and said the rental was not clean and refused to fixed the stove...Not gonna do any business with Home Depot ever again!
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25 May 2024 | 10 replies
Common investment choices include rentals, private placements, tax liens, precious metals, crypto, private businesses, etc.
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22 May 2024 | 1 reply
Its $2k to start and was wondering if it is worth for them to build the Paydex and build up my business credit.
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25 May 2024 | 10 replies
The best contacts are those who also value growing their networks and who are clear on their business needs (e.g., funding, partnerships, access to deals, vendor recommendations, etc.).
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26 May 2024 | 102 replies
@Josh Randall thanks for asking, I should get a better idea over the coming month, your point about experience, one of them has been in the business for close to 20 yrs, and did very well until the music stopped, the euphoria of the crazy returns got to many, and the game changed from running properties well to flipping properties fast, Asset management wasn't given the attention it deserves because you were in and out before it mattered.
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25 May 2024 | 2 replies
More standard income variations are: asset depletion (using reserve distributions as the proposed income) or average personal or business bank statement deposits over a 12-24-36 month period.
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27 May 2024 | 23 replies
If you have the cash, proof of funds is easy: Screenshot a bank balance or provide a recent bank statement.If you have a legitimate hard money lender who has underwritten the deal and confirmed you have the down payment and cash to close, they should be able to provide you a letter stating exactly that.If you have neither, then you have no business making an offer in bad faith and trying to tie up the seller's property.Also (and this is crucial and a common rookie mistake) - Don't send a "cash" offer to the title company and then neglect to tell them about your hard money lender.
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25 May 2024 | 7 replies
I own a hard money business and we never ask for payments prior to closing on the loan.
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26 May 2024 | 27 replies
I have customers come into my business and pay by credit card.