
16 December 2015 | 8 replies
@Brian SinclairI don't know if it fits this low-priced deal is a good fit butI like joint ventures with sellers where 70% of ARV is just too low, so the seller always rejects itSo on alternative is to do a joint venture with the seller, give a note with no payments for four months, now you're on title, you fix it, then resell it, and pay off their note when it resellsExample, $200,000 house, 20,000 in repairs, 70% of ARV minus repairs is 120,000 net to sellerFor the joint venture, figure 10% for resale costs or $20,000, add in $20,000 repair bill, add in $2000 in private lender interest, and a joint venture fee of $10,000 for the real estate investorThis is a better result for the seller, netting the seller $148,000

18 December 2015 | 51 replies
Look forward to future post on your real life results which is most valuable to the community.

16 December 2015 | 11 replies
With that being said, don't immediately make changes if you don't see results immediately... however if the ROI is consistently low, then you should be figuring out a way to improve the marketing.

16 December 2015 | 17 replies
if you're aware of drug usage and something occurs at your apartment resulting in damage or injury and it was not disclosed to the other tenants you could be liable You definitely need to get on top of that situation ASAP

18 December 2015 | 12 replies
An alternative would be to maximize the leverage on a few and use that to pay off your best producers so your debt and debt risk are consolidated into fewer properties.3.

20 December 2015 | 10 replies
As a result of my growth I got started with quickbooks as I wanted to track everything correctly and use their invoicing feature to bill my tenants and receive rent electronically.

11 December 2016 | 35 replies
Jami -- keep in mind that small fluctuations in property values in a fundamentally sound market will not affect you directly unless you sell the property, which could result in a loss.

30 August 2016 | 26 replies
Tenant kicked in the side door into garage, resulting in dented door and broken frame.

23 December 2015 | 3 replies
In Commerical Real Estate, the building is worth the income it produces.

30 January 2017 | 3 replies
I think now that what is happening in my addiction to the many, many, podcasts and articles and books and videos on all things entrepreneurship, is that my competitive spirit, my work ethic, my desire to produce something, anything, of value is stretching me to the point where I can no longer remain in my current state of hum-drum.