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8 June 2016 | 11 replies
It just takes (in a very simplified explanation) reading books, listening to podcasts, networking LEARNING A LOT and then being able to convince an investor that you know enough to make a flip succeed, or even just wholesaling a property to make some quick cash until you have enough to do them on your own. hard money lenders are great in this scenario because they often will put up 90% of the deal and you just have to come up with interest payments and the 10%.
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5 June 2016 | 1 reply
Background: The Neighborhood Best Practices 2016 Action Plan presents numerous recommendations to enhance neighborhood quality of life with particular emphasis on code enforcement activities.
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5 June 2016 | 2 replies
BP has numerous guides and sticky's you can get started on.
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7 June 2016 | 17 replies
I hope my explanation helpsJosh
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7 June 2016 | 6 replies
I copy/pasted his email, I think he was an ivy league undergrad and school of hard knocks post grad.Obviously I am stupid; at the beginning we discussed commission numerous times so I thought he had integrity, whoops!
8 June 2016 | 2 replies
There are numerous BP podcasts where successful investors discuss exactly how they do that.Good luck,Cynthia
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8 June 2016 | 2 replies
Start with one property at a time.Use the PETIO method to segment those with merit (search term on this site for explanation).Use online and offline skip tracing methods to locate missing owners, heirs, creditors and claimants.
8 June 2016 | 3 replies
Explanation is appreciated this has been confusing me for a while now.
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8 June 2016 | 7 replies
@J Scott's explanation was more complete than mine, so I like it better.
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8 June 2016 | 3 replies
If there is a loss it would be prorated the same way, let's say it's a $10,000 loss then the equity partner would receive $229,900 and the contractor would receive $13,700.I'm sorry that is a very wordy explanation but I think it protects both partners better than a typical 50/50 split on the profits.