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31 January 2020 | 3 replies
So plan ahead, and be prepared to take advantage of your luck when a great opportunity falls into your lap!
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14 February 2020 | 20 replies
One of the couples I thought was very interested, I reached out to via text and got no response.Any advice given the scenario of what I could be doing wrong?
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29 January 2020 | 4 replies
Just put an offer today on a property that needs a ton of work but is a good BRRRR candidate.For me the trick is to get a cash flowing property with many of the big-ticket items taken care of, bought and then "sold" via refinancing, leaving me hopefully around net-even with a cash flowing property at the end of the day.Couple of things to keep in mind:Not every BRRRR will be a slam dunk.
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30 January 2020 | 3 replies
Basics of the partnership:- All the properties will be in my name (I have the high credit & W2 income)- I will be investing $25-50k per year of my own funds into the business to buy more property- My father is in an all cash business so the idea is he will be getting his money in via renovations and ongoing maintenance/CapEx - I will be responsible for all the "white collar" tasks and hold ultimate decision making ability as everything is in my name- He will be responsible for "blue collar" tasks; finding properties, coordinating with contractors, etc..Our goal is to build cashflow for a 10 year period before we would every need to start "taking" the cash flow out of the business.
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22 March 2020 | 69 replies
@Santos Ricardo Tellez - SWAG is Super Wild *ss Guesses - so what I wrote was a combination of from what I read, some analysis, and some translations from Taiwan TV via my wife (born in Taiwan.
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1 February 2020 | 2 replies
The other thing to consider is:- will this 4 plex show up on your credit report (ie will the VTB put a lien on the property)- how will the banks look at this 4plex, as you may be capped at 4 doors with this 1 property You might want to line up the purchases to buy the next property via bank (close that 1st) before this VTB.
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31 January 2020 | 3 replies
I have a plethora of deals being sent to me whether via broker or wholesalers.With that being said, I probably need more than just money raising partners as my strengths are not in raising money or the financing aspect
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17 February 2021 | 17 replies
If your goal is to learn to underwrite projects, tie them up, negotiate, manage contractors, work with banks, etc. find a mentor and learn via the apprentice model.
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31 January 2020 | 0 replies
Further, account might be made easier with software that can manage late payments, overdue, account and communications via email etc.
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6 February 2020 | 5 replies
Have your agent ask that question (if you don't have one let me know via DM, I know a few great ones in Brandon).