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8 July 2024 | 14 replies
I've just done the work myself: get a judgment, file to have wages garnished, place liens on any property they may own (I've had some people come up as being on joint title on a property).Some people will sent up a payment plan as soon as the sheriff shows up to serve them with papers because they're so embarrassed!
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8 July 2024 | 7 replies
Looking to invest in and out of state.Outside of real estate, I enjoy listening to audiobooks, spending time with family, building health care organizations and caring for people in my community.Excited to learn and connect with you all!
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8 July 2024 | 11 replies
@Eve Favorse networking is the best way.How many people in your personal network?
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8 July 2024 | 5 replies
What do the people of bigger pockets think?
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9 July 2024 | 6 replies
Seller finance deals work when one of the following situations is present1- property can’t be financed with institutional financing usually because property is vacant (commercial property) or in bad condition2- seller will only accept an above market price for the property and by offering seller financing opens the universe of potential buyers to include people who wouldn’t qualify for financing3- seller is able to obtain a “piece of the action” from a buyer rehabbing the property and hence ultimately obtain a higher price.4- the seller has an existing low interest rate mortgage and wants to “wrap” the existing mortgage into a seller financed higher rate mortgage and pocket the differential 5- property is an investment property, seller has a low basis in the property because of depreciation, and wants to spread out the taxes due.Are you thinking of trying to purchase with 100% seller financing, or are you able to /willing to offer a down payment of say 10-20% .
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9 July 2024 | 6 replies
If you are a big enough agent in the space, people tend to send you off-market deals/distressed stuff as well.
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9 July 2024 | 4 replies
These were not our top 2 priorities but we're in the process of doing our due diligence and knowing all of the major and minor things people think we should look at will help us make sure we don't miss anything.
9 July 2024 | 22 replies
On the other hand, with the passage of proposition 19 a few years ago, the properties will be reassessed upon death and that will result in higher property tax expense going forward.Final thought: There are very few Californians who are happy they sold a property in the last 10-30 years.
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9 July 2024 | 3 replies
You might have to hire a couple people to toss his crap to the curb.
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8 July 2024 | 3 replies
Many people have bought at higher rates, and have made STRs work in that market.