Nick Breslin
Good buy and hold markets
4 May 2013 | 34 replies
Always leave yourself an alternate route until you have established connections, don't get in over your head, Keep a cash reserve and you should be ok.RR
Account Closed
New member from downtown Orlando
4 May 2013 | 4 replies
And listening to the podcasts... they're all informative but if I had to choose a favorite so far - I think Karen's story is just amazing.I've worked in the medical field as a hospital pharmacy tech for 10 years, but I've always been fascinated with old architecture, historic homes and neighborhoods.
Deborah Burian
Tips for Selling Personal Home
6 March 2019 | 9 replies
There have been a number of foreclosures and short sales on my street which has driven my immediate comps down, but I'm pretty sure I have the largest, or one of the three largest homes in our ~35 unit subdivision (built behind an older/established neighborhood).
Michael Aanerud
Hello BP network from the Central Coast of California
30 April 2013 | 7 replies
Currently we have: Developed a plan (wholesaling) Established a contract to useDeveloped a marketing strategy ( yellow paper mailers)Sent out 10 lettersNow we are trying to establish a buyers list.
Kelly Williams
Rental income towards mortgage or somewhere else?
22 May 2013 | 16 replies
Kelly Williams:Bill Gulley & Steve Babiak provide you good advise.First use your free cash flow to establish a suitable reserve for your property(ies): that way if you have an extended vacancy in a unit, or the HVAC needs replaced in another, you have the funds to see you through.Once you have sufficient reserves, then it all comes down to cost of money / opportunity costs.
Dee Xixi
Can you insure a note on a second mortgage?
24 May 2013 | 8 replies
Other examples: add personal property collateral (titles to vehicles, boats, etc.) establish esrow accounts via third party (attorney), etc.
Josiah Halverson
How much can I expect to pay for general contractors?
11 June 2016 | 16 replies
My investor clients don't even bother with other bids after the first job, but only because of the trust we have established.
Mike Parks
llc question
21 February 2014 | 21 replies
So especially in light of the taxicab case and our poorly written law, I would still consider clumping low equity units together in one LLC with good liability insurance, then establishing separate LLCs for high equity and high dollar units.
Bill Gulley
Creative Financing: Bill Gulley Needs To Know, What Is This Really?
4 February 2014 | 8 replies
Just what I was wondering, how others see the subject, not my opinion of what CF is.As to your loan commitment with a property at an unknown price, consider:This commitment is to fund the borrower's request up to a loan amount of $50,000 at a loan to value not to exceed 75% of the purchase price established by agreement or sale bid.Another way is to say up to 75% of any purchase price or sale bid up to a loan amount of $50,000.Don't forget your other requirements being satisfactory to lender, title, escrow, taxes, insurance, sale contract or confirmed bid amounts, etc.Good luck.Others, please chime in.How do you see CF in RE?
Mike S.
I am trying to acquire an email list of all Los Angeles Area Agents and Brokers
20 March 2019 | 5 replies
They are established, dependable and have marketed to the CA real estate licensee community for as long as I can remember.If they cannot help, try looking for a list broker however you'll probably pay a premium.Lastly, if you intend to offer a non-competing product or service, you might find someone or some other vendor with a house list that meets your requirement, just remember and respect that it's their list, and they probably won't want to provide it to you but rather send out your offer from their server.