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25 March 2024 | 14 replies
I am looking to invest in a self storage business.
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25 March 2024 | 3 replies
So I guess it's good to know people and make connections with folks you trust to help in your business.
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25 March 2024 | 25 replies
After a couple months you'll get a feel for their personality and how they conduct business.
25 March 2024 | 4 replies
Alternatively, you could open unsecured business credit lines and cards to tap for short-term use to cover down payments and closing costs (there's a company that specializes in helping real estate investors do this).
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22 March 2024 | 17 replies
However I did some research myself on crime rates, and from 3 different sites, they all suggest that crime is rather high in that area:https://www.neighborhoodscout.com/tn/memphis/crimehttps://crimegrade.org/safest-places-in-memphis-tn/https://www.memphisdailynews.com/CrimeReport.aspxChecking city-data.com, the average salary for that median household income is around 39k.Also, the property value is listed at 145k, which seems like it is on the lower end.
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24 March 2024 | 6 replies
Sent out 2 messages to individuals last week and I think BP is blocking my messages as well.I’m 18 years in this business flipping and building new construction.
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25 March 2024 | 8 replies
He and the contractor had a business relationship and I think this has soured it.
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25 March 2024 | 2 replies
Under the laws of most states, when a corporate entity is dissolved, until a court appoints a receiver, the business and affairs of the entity shall be managed under the direction of the trustees of the entity’s assets to undertake the acts necessary or proper to liquidate the entity and wind up its affairs.In the context of LLCs most state laws permit the remaining members (or sole surviving member) of a limited liability company or, if the LLC has no remaining members, the personal representative, guardian, or other successor to the last remaining member of the LLC to wind up its affairs.The title company needs to do its research and not resort to the "you need to reinstate the LLC" position that many default to.
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25 March 2024 | 7 replies
Here is how most work:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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24 March 2024 | 1 reply
Over twenty years of working in business development, she has tremendous experience in growing relationships.