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14 December 2024 | 2 replies
Partnering with a wholesaler sounds fine, but check the real estate licensing laws in your state before bringing a buyer for a commission.You might consider getting your real estate agent's license and legitimately earn what your skills, drive, and experience truly command. exactly wholesaling or bird dogging is not a life time or long time occupation RE sales can be lifetime and if your any good at it at about year 10 you should be getting all your sales from referrals and such.
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16 December 2024 | 5 replies
That being said, life happens, and the mortgage police are not going to come looking for you if something unexpected happens and you have to move out of the house before one year.
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9 December 2024 | 98 replies
My thought: 70k won’t change my life.
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13 December 2024 | 11 replies
It can sometimes happen even shortly after buying a unit - life forces change sometimes.
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18 December 2024 | 13 replies
Otherwise, if something horrible does happen, you just opened up a huge lawsuit that could destroy your life!
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14 December 2024 | 6 replies
Quote from @Karl Kauper: The tenant should figure his own life out.
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11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
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16 December 2024 | 14 replies
Ask yourself how much work you want to do (real estate is not a passive income endeavor) and how does it or does not fit into your life right now.
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12 December 2024 | 7 replies
I think this principle applies to everything in life.
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12 December 2024 | 5 replies
By trade and training, I’m a marketing, finance, and strategy guy, but at heart, I’m an entrepreneur who loves working with people and building meaningful connections.Real estate has been a part of my life for as long as I can remember, and now I’m diving in to carve my own path.