20 July 2020 | 8 replies
Here are some key things that I would look for and avoid in any turn key company: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Require you to close before a tenant is in place
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20 July 2020 | 0 replies
Our goal is to accumulate rental properties to fund our financial Independence and retirement.
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20 July 2020 | 0 replies
Hi everyone and BP currently I am in the process obtaining a broker license. this question is for all dependent brokers whom work from home and had a rough road but in the end accomplished every obstacle. What advice ...
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20 July 2020 | 0 replies
Here’s what June property data tells us about South Africa’s recovery“BetterBond statistics show that there continues to be interest in buying residential properties among South African consumers and, most significantly, that the banks are keen to lend to prospective buyers who are in good standing financially,” Coetzee said.https://businesstech.co.za/news/trending/407725/heres-what-june-property-data-tells-us-about-south-africas-recovery/
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16 August 2020 | 33 replies
What I've found is that where real estate education is general, introductory, cheap, and location-independent, it's a scam.
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23 July 2020 | 3 replies
Most agents I know get most of their business from referrals within their networks.The plusses of having your license are access to houses and MLS without waiting for other agents to get you in. Depending
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13 November 2020 | 215 replies
Here are some IRS stats for you:https://www.irs.gov/statistics/soi-tax-stats-tax-stats-at-a-glanceYou are pretty much correct though, top 1% income on individual returns was $480,000.
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21 July 2020 | 5 replies
But statistically speaking, investing in a pre-revenue startup is extraordinarily risky.
21 July 2020 | 2 replies
When compared to 4k SFR, it is a pretty unbelievable statistic.