15 January 2020 | 2 replies
As a rehabber, I’m considering getting my real estate lisence in order to save on commission fees and in order to present my properties the way I want them presented, however, I’m thinking ahead about the Legal, Practical, Financial aspects to consider when weighing Pros and Cons of getting your real estate license as a rehabber or wholesaler.
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14 May 2020 | 21 replies
Im not really sure what the other methods consist of but i am willing to learn whatever you would recommend.
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17 January 2020 | 9 replies
Both licenses would enable me to cover more aspects of the RE-investing ball o' wax.I have some hands on experience building houses as a laborer working for other builders.
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29 September 2020 | 12 replies
. * Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)* Don't allow for your own independent property inspection* Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)* Require you to pay for any renovation upfront* Sell only in cheap. low end neighborhoods* Don't accurately represent the neighborhood/property classification* Don't have consistent rehab standards for all properties* Don't provide a scope of work for the property* Can't provide references of repeat investors* Require you to close before a tenant is in place
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22 January 2020 | 2 replies
That's the only way to consistently use the BRRRR method successfully.
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16 January 2020 | 7 replies
The legal aspects of whether it’s possible or not is only one of the considerations that should be reviewed.
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18 January 2020 | 67 replies
And of course there is the tax aspect.
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21 January 2020 | 4 replies
Does anyone know what Bill it is, or what is consists of?
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22 January 2020 | 3 replies
I'm fairly new to these aspects of real estateinvesting and could use help developing a strategy.
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2 February 2020 | 8 replies
The issue we are consistently facing is most of these deals are hard money requests using assets, collateral, and often personal/corporate guarantees by the borrower which are negotiated into the terms.