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25 May 2024 | 5 replies
A mentor is someone who takes you under their wing, usually because they have a personal relationship with you.
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24 May 2024 | 5 replies
If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.
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23 May 2024 | 3 replies
Do we need to cover ourselves, and contact the housing authority via certified letter or email so this doesn't come back to bite us?
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24 May 2024 | 2 replies
Before I purchase an insurance policy I wanted to seek some guidance on the best way to proceed.I received 1 quote so far for a HO3 policy that has 600k+ of dwelling coverage, 70k of additional structure, 450k personal property, 200k loss of use, 500k liability, and a few extras like equipment breakdown, water backup, service line.
22 May 2024 | 2 replies
Call all the auction companies in your area and get on their mailing listing (make a personal contract with auctioneer associates - let them know that you are a buyer) they will email you a list of up-coming foreclosure auctions.Your benefit by getting to the owner early, is that you may be able to 1.take over the mortgage by making up the back payments 2. get a deed signed, 3. take over the existing mortgage 4. advise the owner how to delay or stop the mortgage foreclosure 5.
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22 May 2024 | 77 replies
I have locked up one deal off the application and have offered in person on 2-3 other deals.
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23 May 2024 | 3 replies
Read the lease to find out how much notice you need to give that you are moving out at the end of the lease and give them written notice (ie send a letter or email and ask them to confirm they have received it).
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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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24 May 2024 | 27 replies
“Business equity line of credit: Use Real Estate as Equity” up to $500k, interest only. gather your business and personal tax returns, financial statements, articles of incorporation and other legal documents.”Vectra Bank - ColoVeritex, Texas HELOCWAFD Bank.
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25 May 2024 | 17 replies
Talk to these people in person and steer the ship in the correct direction or end up with an eviction (nobody wins).