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5 July 2024 | 10 replies
And newbies who don't have quarter million dollars in their checking accounts shouldn't compare themselves to big guys when they make their first steps and have much less to spend on marketing.You are right about tax advantages of selling the property as "lease option" versus cashing out your income as wholesaler and being taxed on it.
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10 July 2024 | 87 replies
For most newbie that needs actual visit to the house then they need traditional way.
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2 July 2024 | 7 replies
I own 3 properties and rental arbitrage 1 more with a net income of $400,000.But I am a newbie in LTR.
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2 July 2024 | 3 replies
So, they have barely an inkling of how to work with an investor to find "deals".Of course, most of the newbie investors don't know what a "deal" is either, with many of them willing to pay asking, or above asking prices.
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5 July 2024 | 73 replies
@Bennie Smith we get calls from investors all the time looking to "help us" with clients looking to offload their rentals.Funny thing is, most of the time these investors are:1) Wholesalers that will just waste everyone's time with lowball offers2) Flippers also with lowball offers3) Newbies that have no clue of value or have no funds4) Savvy investors looking to fleece our clientsRarely do we get contacted by someone actually looking to "help us".
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2 July 2024 | 10 replies
Interestingly though, just spoke to a newbie investor last week who was so out of touch with the current market that they thought is should only take 2-3 DAYS to place a tenant!
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7 July 2024 | 89 replies
It gives so much insight for newbies to ponder.
3 July 2024 | 20 replies
What are the best strategies you would advise to newbies and wish you knew when you started?
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1 July 2024 | 5 replies
It was a bit misleading from a newbie section 8 landlord.
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2 July 2024 | 19 replies
So with all that said, would you recommend any newbie syndicator to jump into the market at this time?