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12 October 2024 | 3 replies
Honestly there are several career paths that will help (Renovation contractor, real estate agent, corporate RE analyst) but depending upon whether you are looking for a career investing/flipping versus using your W-2 career income to build more by flipping, you can approach it better in my opinion by learning through doing.Flipping especially 1 at a time isn't a full time job and my thought is that you get help on your first, maybe first few flips.
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13 October 2024 | 1 reply
You can often hire them at a reduced rate.
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2 October 2024 | 6 replies
What are any contingency plans or other options we can look at in the event this will not close.
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12 October 2024 | 7 replies
Feel free to shoot me a message if I can help any.
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12 October 2024 | 10 replies
Quote from @Mike Gorius: Quote from @Jonathan Greene: wholesaling is not worth it if you aren't an experienced operator.How can you say that?
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12 October 2024 | 12 replies
You can definitely create an LLC independently but its the OA language that's the tougher part and something that should be reviews with legal expertise.
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12 October 2024 | 7 replies
I suspect they drew you a flow cart and then your conversations went something like this: I need to transfer my properties to an LLC for anonymity.They are told they are not anonymous & that is not asset protectionBut I need it anyway for tax savings.They are told there’s no meaningful tax advantages But I can get non recourse debt because the LLC is the borrower.They are told they still have to personally guarantee the loanNo, I can get non recourse debt I read all about it.They are told yes, while that is true, the leverage is customarily low, applies to much larger CRE transactions and there are still carve outs.
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12 October 2024 | 11 replies
Am I able to raise the new lease by 262 and put the unit at the FMRAlso, can I find out a head of time if the housing authority will pay it ?
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3 October 2024 | 4 replies
If you don't have money, you can earn it.
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12 October 2024 | 9 replies
It takes 30-45 days, can be done online and needs to be renewed annually.