1 September 2016 | 137 replies
Invest; Verb expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.
30 September 2021 | 27 replies
These increasing fees are pushing out home buyers who don’t have a lot of expendable income for down payments.While the original idea was well-intentioned, there are unintended consequences that is causing a lot of pain for home buyers.
7 January 2025 | 5 replies
You would need to notify them in writing that you will not be expending their lease and they will not be transitioning to a month-to-month lease.
15 November 2024 | 15 replies
Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs, commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?
2 May 2021 | 84 replies
I'm definitely not sending those leads to someone who thinks me or any of my agents are expendable.
11 January 2025 | 7 replies
My client bought a 22 unit building and used this strategy and walked out of closing with a check for $800k to perform the rest of the renovations, paid himself back his already expended rehab costs and his entire down payment.
25 November 2023 | 62 replies
Even if you inherit a billion dollars you still have to expend some effort to manage the money, pay the income taxes create estate planning strategies, etc.
15 September 2024 | 61 replies
You're not purposefully causing the sun to expend energy on the home.
1 August 2016 | 3 replies
After a while people start coming over and ask for a good advise...that's how I got more and more leads.I hope to find another way to expend here with BP.Franchise sounds like.
23 April 2017 | 21 replies
Wish them good luck and expend my energy on sellers who want to play my game.