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28 August 2018 | 10 replies
@Mike Easton the key is the mindset during conversation typical realtor conversation -- market price blah blah ... i can list wholeselling conversation -- i saw your house and can pay you $XXK with $XK earnest moneyGiven you are a realtor , you really need to polarize (two extreme) your customers to see if they are retail seller (have time and not in need of capital immediately) vs someone really needs to get out with cash on hand yesterday.
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26 August 2018 | 12 replies
There are definitely deals to be had, but I typically just use Loopnet to connect with brokers.
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15 August 2018 | 3 replies
Typically, when working with wholesalers, you cannot use traditional financing as it takes too long to close.
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19 August 2018 | 67 replies
The legal protection angle is the separation of assets into individual children companies which a typical LLC does not do, so all your property in the LLC is then subject to a judgment, unless you get a separate LLC for each property which is expensive and the maintenance cost of each LLC is ridiculous.
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21 August 2018 | 7 replies
Keys was also very seasonal while south Florida is a hub for events, conferences, concerts besides the typical beach/partying which means there's always an influx of travelers whether for corporate/family or spontaneous getaway.If you find something in the Keys you will make money regardless - I just found this area more profitable.
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17 August 2018 | 6 replies
I have a corporate rental in Houston Texas near downtown and medical facilities but it is a 3 bedroom 2.5 bath so traveling nurses (who are great renters but typically travel solo) don't really appeal to my property but it might with yours.
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16 August 2018 | 2 replies
Hello all, I am in the process of refinancing my primary residence to use the equity for an investment property and I was wondering what is the typical equity required, on your primary residence, to be able and secure an additional loan for said investment property.
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3 August 2018 | 17 replies
Typically there would be some red flags, ie: low credit, debt to income, no employment or even gaps in employment, previous eviction.
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12 July 2018 | 7 replies
Some states typically do closings with an attorney.
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10 July 2018 | 1 reply
I know that's not the typical real estate investment, and they are somewhat like mobile homes that depreciate in value, however, for us we were able to build and move it for $30k, and now 2.5 years later we have broken even on that investment (THOW vs.