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24 May 2024 | 36 replies
I personally have never bought any of Ron Legrand's courses nor attended any of his boot camps.
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27 May 2024 | 3 replies
I appreciate any insights or personal experiences you can share.
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27 May 2024 | 4 replies
I guess the proxy might be what the person is paying now provided this isn't their first.
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27 May 2024 | 11 replies
Even under this scenario, with a 50/50 split, you will not be getting paid for doing all the work.Another option would be for you to put in 50% of the purchase price using an LLC that you own 100%, borrow the remaining 50% from your investor as a 2nd position loan at a fair interest rate with points, and borrow the rehab under your personal guarantee.Better, if you can find a lender who will lend to a newbie, and they are out there, you could borrow the purchase money using some of your cash as a down payment, as well as all the rehab funds using a construction loan.
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24 May 2024 | 2 replies
Here are my top picks: (Disclaimer: I personally struggle at using these platforms as often as I should whether it's for real estate or for my auto reconditioning business)Facebook: Great for joining investor groups, keeping connections up to date.LinkedIn: Ideal for networking with other professionals and establishing yourself as an industry expert.Instagram: Perfect for showcasing properties through high-quality photos, videos, and virtual tours.YouTube: Powerful for posting property tours and educational content to attract a wide audience.Twitter: Excellent for sharing real-time updates and engaging in industry discussions.Which social media platforms have you found most helpful for your real estate business?
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26 May 2024 | 14 replies
Connect with a good maintenance person to have in case you eventually get that overflowing toilet call.
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26 May 2024 | 19 replies
For all loans, amongst other things, I have a recorded Mortgage/Deed of Trust, Promissory Note, and Personal Guarantee in place.Yesterday, out of nowhere, my bank reached out to me and asked me if my business was regulated.
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28 May 2024 | 26 replies
I personally never want to own a property where I know I will get a fight.
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27 May 2024 | 22 replies
As an escrow person that appears to be a scam.