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26 December 2024 | 21 replies
This slippery slope leads to practices that harm clients, damage reputations, and erode the foundation of trust that’s essential in the real estate investment industry.As brokers and lenders, we should celebrate the success of our clients.
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19 December 2024 | 2 replies
This can lead to "renegotiation" demands at the closing:(Other Potential Issues to Consider:Being in the chain of title is also exposure to potential legal issues.Selling an assignment may be a violation of a state's real estate statutes.Wholesaling w/o a real estate broker's license may violate your state's statutes.I'm sure there are more...
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19 December 2024 | 7 replies
Got the lead from the cold calling agency I use.
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20 December 2024 | 4 replies
TLDR: Pre-approval seems like a good thing but it can lead to lost bookings or a time sink (has anyone spent less than 20-30 minutes on the phone with VRBO trying to fix something??).
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19 December 2024 | 22 replies
If your realtor is listing it for free and not helping, that's not much help since leaving you to screen tenants and run through leads is like asking you to perform knee surgery, you don't know what you are doing.All rental listings should get bombarded on Zillow Rental Manager and HotPads, etc in the first week so if you have limited activity, your price is either too high or the photos are bad and the copy about the place is bad.Use something like RentSpree from screening.
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20 December 2024 | 9 replies
If you don't report the income, it could lead to an audit.
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21 December 2024 | 10 replies
Once a month may be difficult for some borrowers and lead to strain on advancing the project.
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20 December 2024 | 12 replies
Fewer than 20 have signed up.You can lead a horse to water...
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19 December 2024 | 5 replies
All my peers and clients who previously bought tax sale properties moved away from the strategy a number of years ago so I don't have any recent experiences to go off of, but wouldn't be surprised if the lead time is longer this time of year due to the holidays.
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18 December 2024 | 12 replies
Booking lead time has been dramatically dropping over the last couple of years, and people booking week of is becoming more common, especially for smaller places.