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2 April 2020 | 1 reply
We remain committed to you as your financing partner, including all of the business practices that earned your trust in the first place.”
30 March 2020 | 4 replies
And it will for sure give you a lot of reps and practice in deal making. 3) Alternatively, if you are handy or willing to learn to be handy I'd see if there are any local contractors who need assistance.
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1 April 2020 | 11 replies
They would be putting deal analysis in front of their own private investors and they would instantly be your competition.With that said, I would like an investor's point of view on this situation:I am a new REI in the Boston area who can find motivated sellers (NOT 'DEALS') - Does it make sense for me to: 1) Take initial call from the seller, getting as much info as possible2) Put information in front of MY buyers list, and ask them to deduct my fee [ideally 10k to start- (these properties ARV is between 500k and 1.5M)]3) Ask my buyers for THEIR number to put the deal under contract (I can still send the buyers list my own rough numbers just for sh*ts, as I should be practicing anyway)4) Bring the first buyer who is available from my buyers list to the very first consultation (as my partner) with the seller to give them 'our' price5) If the seller is okay with it, my buyer puts it under contract and cuts me a check for my fee upon closing.Is this a situation that investors out there would consider in order to help wholesalers build a better name for themselves?
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3 April 2020 | 6 replies
This sounds insensitive but there is always opportunity following a crisis, make sure to learn all the systems and best practices while you're stuck at home right now.
2 April 2020 | 10 replies
Depends on the seller, most can't hold the note for that long (age, selling for divorce, relocation, etc).
2 April 2020 | 6 replies
You really talk with a good real estate attorney who practices in the county where the property is for advice.
4 April 2020 | 9 replies
My question is this; Is it worth it, or even possible, to get your real estate license and practice real estate while also having a full time job?
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1 April 2020 | 8 replies
Good for you in not only figuring it out early in life, but also asking others about their experiences and best practices.
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2 April 2020 | 14 replies
Long story short, there's a legitimate reason to charge a minimum management fee but I personally disagree with the practice.
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2 April 2020 | 22 replies
@Tyler CagliaThis is like asking to describe everyone's personal practices in protecting against the virus.