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20 December 2024 | 3 replies
Increase time spent conversing with each lead that you get to learn more about how they view the property and implement reasonable changes accordingly.
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22 December 2024 | 24 replies
Nobody owes the affordability being a right, and globally markets perform at a much wider ratio for median income:household, however, America is very local and industry specific.
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22 December 2024 | 0 replies
This often leads to complacency which is seen by the trail off of attendance at these meetings.
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22 December 2024 | 7 replies
Assuming this is in fact a good deal, and your friend is a qualified GC, instead of trying to be the lead investor, he should be searching for someone who has the balance sheet to take down this deal on their and be a transactional participant.
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19 December 2024 | 2 replies
This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...
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26 December 2024 | 21 replies
This slippery slope leads to practices that harm clients, damage reputations, and erode the foundation of trust that’s essential in the real estate investment industry.As brokers and lenders, we should celebrate the success of our clients.
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19 December 2024 | 7 replies
Got the lead from the cold calling agency I use.
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20 December 2024 | 4 replies
TLDR: Pre-approval seems like a good thing but it can lead to lost bookings or a time sink (has anyone spent less than 20-30 minutes on the phone with VRBO trying to fix something??).
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19 December 2024 | 22 replies
If your realtor is listing it for free and not helping, that's not much help since leaving you to screen tenants and run through leads is like asking you to perform knee surgery, you don't know what you are doing.All rental listings should get bombarded on Zillow Rental Manager and HotPads, etc in the first week so if you have limited activity, your price is either too high or the photos are bad and the copy about the place is bad.Use something like RentSpree from screening.
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20 December 2024 | 9 replies
If you don't report the income, it could lead to an audit.