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4 June 2016 | 21 replies
A few ideas:1)You could freelance to help REI companies or individuals stand up their company websites in exchange for money and/or REI mentoring.2)You could stand up a "We buy houses for cash" type website, use some SEO and other developer tricks to drive traffic there, and use it as your primary marketing channel for lead generation.
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29 May 2016 | 13 replies
There was not poorer performance simply because a property was structured as a TIC or wholly owned by one individual.
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4 February 2017 | 5 replies
The author includes some charts that provide the kinds of investment maps you are looking for.
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31 May 2016 | 10 replies
You may also find information buy going down to the Housing Authority and simply asking them what you need to know.
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20 June 2016 | 2 replies
This portfolio consists of both my own properties held by my business as well as properties under our management owned by other entities and individuals.
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30 May 2016 | 25 replies
When dealing with individual sellers, the most important thing is their motivation.
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31 May 2016 | 10 replies
this actually happened with the obama administration years ago.these are what you are finding, troy. these houses are less than desirable and the bank, well frankly, " has bigger fish to fry". so these houses sit and sit and sit. get run down, and pretty soon, when the bank wakes up and realizes they have thousands of dollars in carrying costs invested in this house, they discover that they will never get anywhere near the amount that they have invested in the house back to them, so they " drop" the house. thats right, they write it off. they stop paying someone to check on it every 2 weeks, they stop paying someone to mow the lawn, etc. and they stop paying the taxes.my advice to you, call and ask the bank if they have " released the lien or mortgage" back to the original owner. some banks will tell you, others will not. then, call the local tax authority. ask how many years ago the last taxes were paid on the house and who paid them. if it was a bank, and they stopped paying the taxes, well, there is your first sign that the bank has dropped the house. they aren't going to keep paying the taxes on a house that they no longer want, are they?
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30 July 2016 | 21 replies
There is a tax form (W7) they need to complete to get them a ITIN (Individual Taxpayer Identification Number) for tax purposes since they don't have a SS #.......but that can be done after they invest and before tax returns are filed by the partnership.
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2 June 2016 | 12 replies
Or are they typically sold individually?
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31 May 2016 | 13 replies
As others have mentioned, learn the fundamentals and analyze each property individually.