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19 September 2024 | 0 replies
We need to find the owner a place to rent before executing the agreement.
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23 September 2024 | 12 replies
Meanwhile most who obsess over entity formation fail to carry proper insurance, work with unlicensed and uninsured contractors, fail to execute contracts, can't explain the difference between being listed as additional insured and certificate holder or request to be listed as additional insured on vendors insurance policies etc.
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21 September 2024 | 7 replies
A rule of thumb I use to advise my clients is: 1) the loan guarantee is worth 20-25% of the deal, 2) finding and vetting the deal is worth 25%, 3) executing the business plan for the property is worth 25% (i.e., overseeing contractors/property managers, etc.), and 4) contributing the money is worth 25-30%.
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22 September 2024 | 12 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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21 September 2024 | 3 replies
They are the last person you want to tell that you are executing a wrap.
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23 September 2024 | 13 replies
Pricing, usually when builder finishes a house, especially towards the end of closing out a community, their motivation to sell is extremely high because they have to maintain the staff there until they sold the last house in the community.
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20 September 2024 | 1 reply
Looking to work with an investor-friendly title company that has Spanish-speaking employee(s) on staff to communicate with sellers who may need this.
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21 September 2024 | 1 reply
With that said, there have been more realistic seller expectations to the tune of significantly reduced purchase prices both pre and post executed agreements.
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21 September 2024 | 0 replies
To me, this is one of those short-term deals where the actual rehab costs need to closely align with the borrower's estimates, while the execution of the project from beginning to end would require little to no problems or delays for everyone to earn a decent check.
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27 September 2024 | 66 replies
I just have to execute and thats always the key.