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4 October 2016 | 11 replies
We started out with one rental, moved on to short sales for some time, then flips and now mostly buy and hold rentals.
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9 October 2016 | 10 replies
I still have a day job as a Medical Device Sales Rep.
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27 September 2016 | 1 reply
I was thinking, if you have an option to purchase contract on a property with a wholesaler and once you get and end-buyer ready to buy, then you can either assign the option to purchase to the end-buyer or get a purchase and sales agreement (PSA) signed with the wholesaler and then assign the (PSA) to your end-buyer or get the wholesaler to assign the deal to you and you then assign the deal to your end-buyer.I was thinking of getting the PSA with a clause to pay the $2500 EMD in 5 days and then assign it to my end-buyer.Any thoughts on the best method to work these type deals?
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4 October 2016 | 10 replies
Leverage is a hugely powerful tool in REI, but many people are understandably skittish about taking on a lot of debt, even though if you're doing it right your tenants should be paying down your mortgages for you (in the case of rentals) or you should be buying well below what you will sell for (in the case of flips).
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27 September 2016 | 2 replies
I am also a real estate agent and partners with my partner (investor, friend and owner of DJB Properties) in working to expand in sales, rehabbing, and expanding our property management.
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30 September 2016 | 13 replies
There are also other investment factors, appreciation and tax relief, depreciation and at the time of sale the recapture of depreciation, you don'y have these issues with other securities portfolios.
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30 September 2016 | 14 replies
Grab pics of a house for sale on Zillow or wherever from a different state than yours.
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13 October 2016 | 2 replies
In a simultaneous transaction, I am entering a security agreement with the owner for a share of any profits from sale and (if applicable) rental, which is substantially more than if I charged interest on the note.
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28 September 2016 | 15 replies
Yes I will charge them more than I have to pay on the down payment, monthly payments and end sales price.
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27 September 2016 | 2 replies
How do I enter into a whole sale contract with assign-ability while having my RE license?