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27 November 2024 | 4 replies
You can start with interviewing 2-3 agents and look for proven track record.
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28 November 2024 | 23 replies
So far, id say the interface is cluttered or not well organized, but I have a background in technology so I’m able to figure it out pretty well.
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26 November 2024 | 86 replies
But, none of them are willing to discuss the matter on the record.
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28 November 2024 | 4 replies
The LLC in this case is more just asset protection and not having your direct name listed on the county tax record.
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28 November 2024 | 18 replies
(It was getting 10+ clicks per day from organic search, until July 24th -- zero clicks since then.)
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1 December 2024 | 91 replies
If the person managing the synidation does not have a pre-2007/2008 track record, that is not one I would get involved in.
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26 November 2024 | 2 replies
Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
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26 November 2024 | 44 replies
I have an organization and a cost structure that is built for 500k deals, we'd loose money on a 150k deal with % commission.Wholesalers can take a 60k house and mark it up 10k.
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9 December 2024 | 38 replies
I also record every charge in my check registers as a debit so when I do pay the balance it as already been ‘deducted’ from my checking account balance.
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26 November 2024 | 11 replies
Can you go ahead and change that (think address of record for LLCs or bills for other properties).Make sure any HOA and the local government allows for your home as an MTR.1 last point to add to Jamie's first point: if you can, take a video tour of the home and what you're leaving behind.