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19 December 2024 | 13 replies
For those looking to scale their portfolios, now might also be an excellent time to secure funding.
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18 December 2024 | 3 replies
.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.
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15 December 2024 | 12 replies
Built in security as I don't visit the land much as I am in Connecticut.
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7 December 2024 | 9 replies
Other people are moved emotionally by them.
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11 December 2024 | 6 replies
Could you advise where investors typically secure financing for similar land purchases?
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12 December 2024 | 2 replies
Centralized Document Storage with Access ControlHave a secure, centralized system to store, organize, and share all company documents (e.g., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.
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6 December 2024 | 4 replies
Also, try your best not to buy based on emotions (lol).
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10 December 2024 | 0 replies
Or even missing out on securing a better deal, higher price, or greater return but did not do so, often due to a lack of negotiation or oversight.
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15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
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10 December 2024 | 1 reply
I sourced the property off market and secured seller financing, and I also self manage it as an Airbnb host with nothing but 5 star reviews.