Gary Waddle
Is this a good deal?
27 October 2018 | 20 replies
It’s an older, established, middle class neighborhood.
Tim Johnson
Would you lend money from TX to New York off BiggerPockets?
21 January 2019 | 3 replies
The lawyer he was working with was also well-established in the community (i.e. mentioned positively in local news articles) and the email addresses / phone numbers tied to public records.Nothing fancy here, but these were just some of the steps taken to vet a long-distance business partner in addition to your more typical DD and documentation on the deal and individual.
Ryland Boswell
Can a first time investor get a commercial loan?
28 December 2018 | 20 replies
In many ways commercial loans are easier than residential loans, especially once you are established.
Jim Tassoni
Deal Flow in West Michigan
3 January 2019 | 2 replies
Any advice from the community and establishing solid deal flow in West Michigan?
Samuel Morris Fish
All I need to know about doorknocking
3 January 2019 | 2 replies
There are plenty of role play videos on YouTube that you can reference- most of these are Real Estate Agent scripts but can be applied to what you're doing as well.Do not aim to get the property owner to sell to you on the first contact... aim to establish and nourish the relationship!
Jalen Henningsen
Determining rent on a property
10 January 2019 | 9 replies
Here's a blog post with some of the more common sources and some tips for establishing the fair market rent for a property: How to Determine Fair Market Rent.
Tony Hale
Brrrr vs turnkey in baltimore realestate
16 January 2019 | 5 replies
At our company we like our clients to be involved as much as they want to be with the expectation of trust in our expertise for certain operational factors.Also, if the turnkey company has well-established policies in place for leasing, resident on-boarding, standardization of renovation approach (replacing capex items first and foremost), and property management, then they could be a good option for investors.Also, look to see if they have warranties in place to cover the renovations they have completed on the property.
Adam Trujillo
In between jobs, 20k saved. Can I make it full time RE investing?
20 January 2019 | 8 replies
I would consider establishing a budget for what you've saved and determine how long that money will last you while you fully dive into real estate investing.
Mary Jay
How one person can create a double member LLC?
10 March 2019 | 34 replies
Finally, with the use of Trusts while establishing these structures you can add a level of anonymity by removing your name from public record.When you establish a trust you can have your attorney sign as a "nominee trustee," and after the signing is complete you become the "trustee" per the language used to establish the trusts.
Tyler Hespeler
Investing in Connecticut
21 March 2019 | 34 replies
As you said, make sure to establish some connections, my wife and I purchased our primary residence this past summer and we have made a good relationship with our closing attorney and realtor.