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25 July 2022 | 15 replies
If there are House rules or other docs for an entire building with multiple units, I will just have one copy in the property address folder that I can print or email whenever necessary.
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12 February 2019 | 27 replies
Off market deals found by driving for dollars, networking, mailing campaigns, etc.Buying through a wholeseller.Foreclosures that can't get a certificate of occupancy for one reason or another, and there are some pretty dumb/minor reasons as well as major ones.The caveats to the list above are that you will need to do more of your own due dilligence to ensure the deal is a good one ... this includes:Doing your own comparative market analysis to make sure the price is a good deal, since there will not likely be an appraisal done in escrow.Have a title company do a preliminary title search before making an offer to spot any liens or title issues ahead of time, since title insurance may not be obtained in escrow.Have a general contractor walk the property with you (if possible) to validate scope and cost of repair work, since an inspection may not be done in escrow.Then, once you purchase, rehab, and rent the place, you can cash out refinance to pull money to put into your next deal if you like (called the BRRRR strategy around these parts) ... x10 of these for you, and x10 for your spouse = up to 20, 30 year fixed mortgages through fannie/freddie ... then you can go to local banks to get portfolio loans for more if you like ... or not and stay free and clear and the houses should print cash flow for you like little ATM machines ...
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17 February 2010 | 15 replies
Hi David, the key to RE is financing it, unless you print your own money!
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18 October 2023 | 11 replies
It faster, more convenient, and most important to me is you have a “printed” record of what was promised/said and when.
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14 August 2020 | 4 replies
When you are intentionally driving for dollars what tools do you use to track where to drive and where you have already driven.I have been using Google maps print outs and drawing on the to indicate what streets I have already driven.
17 March 2020 | 3 replies
Is there a website I can go to download and print all contracts I need for wholesale agreements in PA
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21 November 2019 | 1 reply
The most professional offer is a signed contract.If you want to add a cover letter, even better, and if you really want to wow them, put together a Credibility Packet to send them electronically when you make an offer or a printed version in a presentation folder for when you physically hand the seller an offer.
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7 May 2018 | 3 replies
When you see advertising for 100% financing you need to read the small print where it says must be liquid cash on hand for over $1 million dollars, have an 800 FICO score, and done over 100+ deals.
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11 June 2006 | 7 replies
Keep receipts for everything you are doing/printing, and all the miles you drive to put the flyers up--it's all deductible off your federal income taxes.
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8 April 2022 | 13 replies
There are some great resources here and in print but the Bootcamp will put you in direct contract with like minded investors and give you eight times more info than you can wrap your head around in three short days.Good Luck!