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19 March 2021 | 16 replies
You may need to look to real estate pros/agents/brokers in Charleston to identify high-volume buyers or sellers, or people that they have worked with that may have more of a mentoring personality.
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26 May 2022 | 3 replies
There was a large listing volume at the time, and list prices dropped significantly by over 30% across the state.
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6 June 2022 | 22 replies
If you are a 0 with questionable credit (you probably wouldn't get a loan from a high volume hard money lender.
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20 December 2022 | 4 replies
All the iBuyers like Zillow, Open Door, & OfferPad have cancelled their contracts with sellers so for us lead volume has doubled just because of that.
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17 August 2012 | 5 replies
We spell it out exactly in the assignment contract as well...so if you have concerns that the amount you are making could cause major heartburn with the buyer, you can get around this by double closing it.
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13 February 2017 | 27 replies
This stuff can't be contained in one book, it takes volumes to address matters in some detail.
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24 February 2015 | 2 replies
Hello.I'm in the amazing "flipping" business - our volume is about 70 properties a year - all in Palm beach County, Florida.We usually hold the property for only 3 months before selling.I like to get in contact with an "investors friendly" insurance company that will secure my properties while their under my ownership.Any insurance company / insurance broker that can help?
19 April 2015 | 19 replies
This is only if qualified as "real estate professional", correct me if I am wrong.Some of this is deductible as an expense, some of it should be considered as basis in your next property.For example, the following are expenses of your **current** business and can be written off against your current rental income.Cell Phone and Internet (some people only write off parts of these depending on volume of use, etc)Office Supplies (paper, envelopes, stamps, pens, pencils, etc)Mileage for self management of propertiesTravel expenses for you to go check on your propertiesUmbrella Insurance for current propertiesCPA fees for bookkeeping and preparing taxesLegal fees for ongoing business such as leases and evictions.BP membership if you're using it for research on how to manage your **current** properties, such as tenant/landlord issues, DYI repairs and stuff like that.Unless you are a real estate professional, any expenses incurred to find your **next** property are NOT deductible as incurred and are instead added as depreciating basis to the **next** property you purchase.
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29 March 2018 | 11 replies
Also I know some investors that reach out to such volumes try cold calling Via some kind of call center or SDRs.
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5 September 2017 | 32 replies
I suspect to buy and sell or wholesale 16 million a year one would have to spend a pretty penny to generate that kind of volume. and in low value areas that would be 300 plus homes a year.. so there are some that do that or close.. but that is no way the norm on the wholesaling side.