6 September 2024 | 8 replies
An all-cash (or hard money plus cash) offer definitely helps as well.Good luck!
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2 September 2024 | 8 replies
Some terms you may find helpful:Repayment Schedule: Clearly outline the payment schedule (monthly, quarterly, etc.).Balloon Payment: If applicable, specify the amount and due date of any balloon payment.Prepayment Penalty: State if there’s a penalty for paying off the loan early.Default Terms: Clearly define what constitutes a default and the consequences, such as foreclosure procedures.Insurance Requirements: Ensure the buyer maintains property insurance.Maintenance Responsibilities: Clarify that the buyer is responsible for property maintenance and repairs.I hope this helps you out, have a great day!
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6 September 2024 | 9 replies
Hi Russell, I was looking to follow up on this post as i am also looking at a similar strategy and this was very helpful.
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7 September 2024 | 8 replies
Perhaps if you wrote something substantive or helpful or contained any specific information it could be considered useful.Similarly, my comment about bbqs was meant to highlight the point - it was a general statement that everyone can nod their heads about, but provides no value in this forum.
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7 September 2024 | 2 replies
BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.
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6 September 2024 | 11 replies
I think it would be wise to consider starting a new non-broker MD business and keep it separate from your FL Broker Business.Make it clear that you're not licensed in MD and cite the exception for property management in all documents.Get County specific MD lease agreements and property management agreements.Find an experienced MD attorney if you need any additional help
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8 September 2024 | 29 replies
As they say the loudest boos come from the cheapest seats - I wish you spoke to the revolutionary nature of this marketplace and the breakthrough we achieved by risking a LOT of ad spend to help the industry have a better alternative.
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6 September 2024 | 5 replies
Let’s share insights and help each other out!
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7 September 2024 | 7 replies
Hope that helps.