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18 June 2024 | 53 replies
I got some marketing material from Choice Hotels (Comfort Inn, Quality Inn, Econolodge, etc.) at a franchise event that basically said you could purchase one of their hotels with as little as $250,000 cash and financing could cover the rest.
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16 June 2024 | 40 replies
@Will SifertI had someone reach out to me later about a tax lien they bought and wanted to know what to do, it was a strip of land that was essentially a useless parcel as it’s non buildable..
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15 June 2024 | 5 replies
Continuous learning is essential, and networking plays a crucial role in this industry.
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16 June 2024 | 27 replies
Essentially the reason I was successful in my first year of real estate was not reinventing any wheels.
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17 June 2024 | 4 replies
I've bought duplexes where the cash on cash was great on paper, but after expenses, vacancy, residents not paying, cash flow disappeared.When you analyze a deal, the numbers are super important.
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18 June 2024 | 5 replies
You need a bucket of cash for reserves, emergency repairs, or leverage to find/buy/create a good deal.
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17 June 2024 | 14 replies
Tell them you're a cash buyer looking to buy properties and that you want to connect with wholesalers.
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17 June 2024 | 0 replies
Purchase price: $204,000,000 Cash invested: $60,000,000I worked for a Hong Kong public company & high-end luxury residential developer and helped to develop a $204 million condo project called "The Graystone" which is in Seattle's First Hill District.What made you interested in investing in this type of deal?
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18 June 2024 | 8 replies
Unless you buy this with cash most mortgage companies will not allow a purchase in an LLC.
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17 June 2024 | 16 replies
Nobody’s going to pay $850k cash for a chance to earn $50k (if they run it as well as you.)