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5 July 2024 | 0 replies
So, here at the 6 month check in, here are the things I've been doing since January 2024: *Anchored everything to my WHY, including the motivations and long-term strategy *Joined a local REI group hosted by my church*Researched tax lien investing in Harford County, MD and decided to not play in that space this year*Read a few REI books (Rich Dad Poor Dad, One Rental At A Time, Building Wealth One House at a Time, Wealth Without Cash, Building Real Estate Wealth in a Changing Market)*Subscribed to a bunch of good YouTube channels (BP, ORAAT, Ken McElroy, Coach Carson...)
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5 July 2024 | 4 replies
.* Appraisers with lack of skill or motivation (due to their low fees received or charged) which deters them from doing the work required for an reliable valuation.* Residential properties (2-4 units) are mainly valued by sold comps and not with the income approach, since these properties are typically not purchased for their income potential exclusively.* adu/jadu's add contributory value to the property as a whole, which may or may not = the cost to build them.
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5 July 2024 | 11 replies
We are looking to begin this process with the primary motivating factor of reducing our tax liability and then creating some generational wealth for our kids.
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5 July 2024 | 4 replies
I think it really depends on what your motive is here with the early termination clause.
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5 July 2024 | 1 reply
Motivated seller with all units occupied with tenants How did you find this deal and how did you negotiate it?
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4 July 2024 | 8 replies
I have been using my own agent off and on but wondering if it makes more sense to just use the seller agent since they may be motivated with double commission?
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4 July 2024 | 24 replies
I am a new investor who is eager and motivated to find deals along with learning more in depth of this Real estate industry.
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6 July 2024 | 29 replies
LOL So now each of my LLC's that has a different project has to have the developers license. its a pain there is no test but its a bond and insurance and not every one can get bonded these days.I know having done a lot of work in Chicago how tough that city can be as well.. no one is going to teach you this you just kind of learn it.so bottom line unless this person has some very narrow niche // or its just a raw raw thing to motivate you chances are there is nothing unique and I am not talking about getting rich with tax overages or some of the other things that get recirculated constantly.
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5 July 2024 | 1 reply
I’m only 19 but I feel like if I can keep up this pace and keep up the motivation and I don’t get discouraged when contracts don’t work or buyers back out and just keep on pushing I’ll be successful in this.
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4 July 2024 | 2 replies
I have lots of extra time on my hands, am self motivated, and mostly have a desire to learn more about real estate.