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21 January 2025 | 8 replies
You can be sure they will continue to negotiate for, strategize and advise themselves.If the laws are similar where you are, you should consider if you want someone doing those things for you, and whether you are comfortable going toe-to-toe alone with a licensed professional on a $1.25 million purchase.
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21 January 2025 | 2 replies
Look up your local laws on how much notice you have to give to to end tenancy and then give them that notice.
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30 January 2025 | 6 replies
@Jesse Rivera I love the idea of it the only issue I'm currently facing is I would get negative cash flow renting out my current home based on my current mortgage so it definitely isn't ideal
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28 January 2025 | 14 replies
We dive into the actual comparable properties to make sure nothing is skewing it wildly.Before you do anything, though, know they STR laws.
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23 January 2025 | 1 reply
I would think their loan documents give them the right to control the property after the original owner dies - regardless of who is living there (although I have no direct knowledge of the laws where you live).There are details we don't know here... like if you want the house for sentimental reasons, or because you see the value between what it's worth on the market today and what the reverse mortgage company wants for it?
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31 January 2025 | 44 replies
We went from buying light rehabs to buying major foundation and mold issues to make numbers work until even that did not work anymore.
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28 January 2025 | 14 replies
The laws mostly protect me the lender and I have always gotten paid even if there are occasional borrower problems.
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17 February 2025 | 13 replies
Florida scares me with insurance issues and constant threat of hurricane damage.
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16 February 2025 | 11 replies
Partner with a real estate marketing company out of Las Vegas or Provo, Utah to market, promote and advertise the “mentorship” system consisting of the free seminar, followed by the modest fee weekend workshop, followed by the $15,000 - $40 000 full mentorship program.Here are the usual results1- 99% of “students” never earn back the cost, despite 1000s of wasted hours2- students learn nothing of real estate principles, real estate finance and real estate law which are the necessary foundation blocks of knowledge necessary for a SUSTAINABLE career in real estate investment 3- with hundreds or thousands of “students” unleashed on the real estate selling public they’re AT BEST an annoyance of trying to do “unrealistic” deals, AT WORST lead to a disastrous result for vulnerable homeowners.4 - The career real estate investors, service providers, brokers, lenders, etc are so disgusted with all of it and the outcomes they see that that can’t even comprehend that the subject technique or strategy does have a legitimate use when utilized (1) by and experienced and well capitalized buyer and (2) full disclosure is provided all parties with legal representation.
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2 February 2025 | 14 replies
ID...Question: What are any issues with the above?