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3 May 2017 | 1 reply
I've been scratching my head around what is seemingly a very simple aspect of wholesaling, but I just can't seem to mentally um this hurdle.Pertinent background info: I won't qualify for $600,000 worth of financing in a conventional manner and do not have an investor or pool of investors that will provide me with the "financial backbone" to really make meaningful offers to purchase at or above the aforementioned sales price.
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19 December 2017 | 4 replies
Kudos for thinking out of the box, but be sure you have exhausted the off-the-rack possibilities.
2 January 2018 | 12 replies
Gotta be careful I don't become overwhelmed with the "yeah, but..." mentality that can hold us back from ever taking the plunge.But sure glad I stumbled across the BP community!
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31 December 2017 | 30 replies
I am a retired RN and my husband is a retired mental health counselor.
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21 June 2018 | 6 replies
Fast forward a few months, after doing kind exhausting numbers crunching I found a deal that looked very promising.
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30 June 2018 | 15 replies
I believe him, because he's too mentally weak for this.
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10 June 2018 | 12 replies
What has stopped you from growing your portfolio, jumping into a large deal, or what is the mental anguish you just can't seem to shake?
2 August 2018 | 4 replies
If the disabled person is over the age of 18 and mentally competent enough to sign a contract, I would also have them sign the lease.
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23 March 2014 | 27 replies
I do have mental struggle with the literal accuracy of that since all props are held in an LLC and the whole point of an LLC is to separate business risk from ones personal assets.
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3 October 2018 | 26 replies
If the former owner can get the rent for the time he owned it, it belongs to him, but as a practical matter he has very little leverage with the tenants now (he's no longer the owner so he can't evict) so he should just mentally write that off (and so should you, since any rent covering the time before you closed was never yours to begin with).I would have suggested just starting fresh with these people and explaining that there's a new sheriff in town, laying out the rules, saying you're tough but fair, etc.