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20 September 2015 | 24 replies
be very cautious as you vette them.. but you should be able to get into leveraged deals were your consistently making 50 to 100% or more on your cash.. do that for enough years then start to peel into cash flow units once you have a few hundred grand saved up and you just use a little of that... and or invest with a group and buy repositioning properties that have major upside.. don't get bogged down buying small rentals that have no upside its just way to slow of a way for someone like you to get to where you want to be if your smart enough at 25 to be knocking down 135k a year ) that puts you in the top 3% of all wage earners already... keep focused on that.. remember RE is just not that easy to duplicate those numbers without serious value add..those at buy smaller rentals are looking for a 10 to 30 year plan... and they plan on keeping their day job...
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28 September 2015 | 10 replies
Another thing is since you are new, you need to practice practice practice.
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21 September 2015 | 3 replies
I'm pretty inexpensive (about half compared to typical small firms) because I also work full time as an attorney, and merely practice on the side to assist with my real estate deals and pay down law school debt (which is mortgage-sized), but I'm also very good (graduated with honors, guest lecturer, published papers, etc).
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17 September 2015 | 1 reply
Is this consider off normal practice or a standard transaction with SDIRA?
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19 September 2015 | 5 replies
However, my broker is already urging us (unsolicited) to seek a lower price.So the questions would be:1) Is it accepted practice to change the price if the seller refuses to cure?
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18 September 2015 | 0 replies
Does anyone have experience in the 34th District Court (Romulus area) and what is the practices?
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18 September 2015 | 3 replies
In most states after a certain period you can claim ownership thought "Adverse Possession" Keep in mind it takes 20 years in MD so it may not be a very practical option.
19 September 2015 | 2 replies
The only way it is illegal, is if you are selling Real Estate without a license.... if you are simply assigning a contract for a wholesale (matchmaking for a motivated seller and buyer), you are not selling, so it should not be illegal to practice in that state or any other state.
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27 December 2018 | 18 replies
There is no practical way to evict someone, I had to pay a renter to leave.
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20 September 2015 | 4 replies
Just curious how the board feels:If BP is made aware that someone is blatantly posting false information to sell their service, loans, homes, investment, etc. should BP remove the offending post and possibly offending member if they continue the practice?