7 March 2019 | 17 replies
Contractors spend hours putting together Bid Proposals and it's not fair to them if you waste their time by 'shopping' and price matching with other Contractors.If you 'bid shop' Contractor's numbers you are going to get a bad reputation, and you will have a hard time finding Contractors to bid your projects.Sure, you may save a few dollars upfront, but ultimately you are going to p*ss off a lot of contractors and potentially hurt your business long-term.
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10 March 2019 | 59 replies
this subject has been talked about a bunch on BP.. why do people sell cash flow assets.the argument that they must be selling the dogs and keeping the good ones is not reality.I have been funding turn key companies for going on 20 years now.. they sell almost all their properties.they are in the business of buy rehab and sell.. they are not in the landlord business per se.. now some will have some properties but its not their goal to own hundreds of homes.. its hard to finance all of those first off.just like me who builds new homes why don't I keep them all.. well because I want to sell them that's my inventory to sell just like anyone else and I make more on one sale of a new home than I would with 20 years of cash flow at 200 a month.. so its what I choose to do..
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5 March 2019 | 42 replies
Jennifer Baylee’s had a very similar situation searching for deals in Denver but eventually choosing to invest in Colorado Springs
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6 March 2019 | 10 replies
Everything from lack of patients to work style to damage to your reputation can happen in a short period of time and cost you far more in the long run than a few thousand dollars for an emergency repair.
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1 March 2019 | 1 reply
@Craig Lessler I believe it's something you can do on your own if you choose via the county.
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3 March 2019 | 14 replies
The insurance company can decide to try to go after a renters policy after a payout if they so choose to.
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28 March 2019 | 27 replies
Unfortunately, many transactions never make it there.It's much better than it used to be, but there is still plenty of opportunity out there that I (and my clients) choose to not pursue.
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2 March 2019 | 2 replies
@Joe Sniadowski Based on the info you provided about your personal investing goals and the different areas you have to choose from I would go with the 100-200k homes in the better areas as long as they cash flow.
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3 March 2019 | 12 replies
I'm not sure how this will be received by the judge, but I can't believe that if one chooses to be in this particular business (buy and hold real estate) they are automatically precluded from charging for their time doing repair work.
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15 March 2019 | 44 replies
Dan that is completely IN ACCURATE small commercial banks that only do commercial and not owner occ .. can pick and choose what they want to lend on..