
25 July 2018 | 5 replies
If you are an investor (preferably a multi-family), and could use a hand with running errands, painting walls, running to Home Depot, or anything that takes a little stress off your shoulders... in exchange for the knowledge and expertise you have gained throughout your journey.

16 June 2018 | 3 replies
its probably not much but if it is.. you want to know first hand. if this is your first deal.. its worth the few hundred bucks in my mind.Just think of all the Morris invest clients that if they would have just spent a few hundred bucks to go look at their project they would not be in such dire straights.. but if the TK operator is top notch like a few are there.. you can probably take their word for it.but again if your worried just run out there for a day.

21 June 2018 | 4 replies
The formula is simple and is as follows, 75% of gross rent - PITI = net rental income.If net rental income is positive its added to your total income and improves your purchasing power.If net rental income is negative then its considered a liability similar to a credit card or a car loan that you gotta qualify for.Some banks have "overlays," or additional requirements they place on top of borrowers when you have rapid acquisitions of multiple properties but by no means is 2 properties in one year considered "rapid," by most lenders, however 3-5 would be its an underwriter and case by case bank "call," to make.
23 June 2018 | 2 replies
On the other hand, I see wholesale deals here and other forums where a property is in FL and someone is seeking to assign the contract....

20 June 2018 | 17 replies
On the other hand, the real estate that you buy yourself, if bought in a thoughtful deliberate manner over long periods of time, can actually make you truly rich.

25 June 2018 | 30 replies
That will get them down quickly without getting your hands dirty!

16 June 2018 | 6 replies
Hopefully you are not trying to take a referral fee and are just handing off your client to capable hands for the asset type they are buying.As a commercial broker specialist in large apartment buildings and retail properties we get requests a lot for people wanting to buy right now.No room in the fees for referrals.

16 June 2018 | 7 replies
You will need hand holding from the broker throughout the entire transaction (as did I back on my first deal in 2010, you'll never forget the first one!)

22 June 2018 | 30 replies
@Bryan Devitt We do have an operating agreement between the LLC, but for this specific deal we just hand shook on the terms.

17 June 2018 | 5 replies
Pay him like a contractor, get paid like an agent, and keep everything plain and simple.