
30 May 2024 | 31 replies
Now to be fair I did not exit on wraps market was to good we just stabilized light rehab and sold for cash and paid off the underlying I never kept these more than 6 to 18 months and then on top of that we were very well capitalized mid 8 figures in cash so we could payoff any loan at any time if it was necessary.. so my model was different I ONLY bought props with 20 to 30% or more equity after rehab day one..

27 May 2024 | 19 replies
You can then use Transactional Funding if you choose, otherwise if you planned to buy the land then sell it later, you'd have to get a different loan type, which inevitably will cost you more plus longer hold time and greater costs over the double close and certainly over an assignment of contract.

27 May 2024 | 6 replies
But I would love multiple feedback, constructive criticism, and differing opinions.

26 May 2024 | 6 replies
I am looking at 2- and 3-family properties in towns closeby, where the taxes and rents are different, and do not want to ask the lender to run the numbers for every option.If anyone can help me figure this out, I would greatly appreciate it.

27 May 2024 | 19 replies
My two cents is it also makes a difference how section 8 is handled in a particular area.

27 May 2024 | 14 replies
Northside might be different from Southside obviously because I know some landlords are finding it more difficult to find qualified tenants in certain areas

26 May 2024 | 0 replies
There are more than 16 different types of real estate an investor can exchange in and out of.

27 May 2024 | 3 replies
Again, slack and discord are great communication tools as you can keep a long running conversations within the group + you can like, comment and share the same way you do on social media.If by workload, you're referring to leads... you can balance workload b/w different agent experience levels by handing the higher-quality leads to your performing agents.

27 May 2024 | 28 replies
That's a tough way to make a living man.I agree 3 to meetings a week is ridiculous number one when you are sober and you have to find a job you don't have any money you don't have any resources and in certain recovery houses they make you get up at a certain time in the morning and leave the house to go find a job and you have to be gone for so many hours just trying to go find a job I've done these programs going to meetings and constantly talking about drugs and alcohol and listening to people's stories is I think half of the reason why people go back to using I went to an AA or NA rodeo one day on a Saturday and for 5 hours all they did was have people get up there and tell their sob story about addiction and about that lifestyle it depressed me it showed me how not to run a sober house how to not run a halfway house The halfway house is a joke because they have you leave the house by 8:00 or 9:00 in the morning and give you no guidance give you no help give you nothing to get you to where you going to be and really help you get a job I was in a position where I was in Pennsylvania and a halfway house that made you leave by 9:00 in the morning and you can come back until 4:00 or 5:00 in the afternoon I had no money I had no phone I had basically no resources and no knowledge of where I was even at I stayed sober thank God I went to meetings but sometimes I couldn't get to a meeting that they required because I had no way of getting there in the time of night that they had the meetings and after being gone all day trying to find a job it was a ridiculous self-sabotaging program then I got in touch with another program and they suggested a sober house because I would have more leeway unless restrictions and by the way at the recovery house halfway house that I was at My last night there or the second to the last night that I was there One of the roommates was doing heroin the whole night in and out of the bathroom up and down and it was very distracting and nobody said anything I didn't get any sleep because she was up and down the whole night and I knew what she was doing I felt her energy The 12-step program the AA program is not a bad program but it didn't help me stay sober I kept myself sober personally if I had a halfway house or a sober house I would require only one meeting per week but I would also require an hour everyday of journaling and some kind of education as far as to their goals and and to their plan of action and dreams and desires I would do a totally different program because I've been in that position if I would have kept going to meetings and doing that kind of program I would have began using again the sober house doesn't require 10,000 meetings it's too much for a person and it only puts your mind in a mentality and the thought to use again and the desire and the trigger...

24 May 2024 | 259 replies
I am based in Grand Rapids.