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6 February 2025 | 9 replies
If you have a buyer's agent, you should have already signed a buyer's representation agreement and that fee/commission is disclosed in that document so you should very well know what that charge will be.If you were the seller and going to owner finance the property, what would you want to see from the buyer that tells you that they will be able to pay the mortgage moving forward.
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31 January 2025 | 10 replies
If you truly are limited on time or can't make investing a priority, you should look for smaller projects as others have recommended.1) General Contractors are available to run your project, but most are too expensive to make ROI work on smaller projects. 2) A great PMC can act as a Project Coordinator for rehabs, but many won't be transparent about the costs, so you know what you are paying for.
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6 February 2025 | 18 replies
Personally I wouldn't feel comfortable trying to wholesale a relatives $1M home knowing that I am breaking the law if I cross over into doing anything that can be considered representing them in the transaction, and knowing it will only be marketed to people who buy properties wholesale (typically investors who don't want to pay retail prices), instead of the majority of retail buyers active in the market who are typcially willing to pay more.
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13 February 2025 | 10 replies
Unless the borrower is self employed and takes a lot of expenses to show lower income on their returns then it usually makes sense to pay a couple thousand a year in higher interest (you can pay like 4,000 a year in additional interest for DSCR if you are saving 30+k on your tax bill kind of math lol)
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30 January 2025 | 6 replies
Some PMC's will charge a lower percentage fee, but will charge it whether tenant paying or not.
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19 February 2025 | 4 replies
I was willing to pay a higher upfront cost and sacrifice a greater monthly cash flow to achieve these top two priorities.We landed on a SFR in Harvest, AL.
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27 January 2025 | 13 replies
Long Term non-paying Tenants.
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7 February 2025 | 6 replies
You can probably pay for a course when one of the sucker roadshows comes thru town, but it is a ton of money.
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29 January 2025 | 6 replies
It even gave suggestions on what I could improve based on what my competition is offering.Link to the operator in action is here https://drive.google.com/file/d/1C1uTqgWGfs3AMsUdDWd0FOTbVFM...Quick tip: don’t pay the $200 for this just yet.
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4 February 2025 | 3 replies
They are essentially giving the property to you at fair market price, so someone is going to need to pay taxes on that fair market price.