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14 May 2012 | 8 replies
If that is your only objective, it will be reflected in your performance as a landlord.Build your castle, but build it one stone at a time and focus on the skill and craftsmanship and the money will come.Besides, I know all of the areas you mentioned very well.
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23 August 2012 | 13 replies
It's not that they aren't motivated, intelligent and ready to work hard (at least some of them are), but wholesaling takes a whole bunch of skills that can take years to learn.Among the skills you need as a wholesaler:- You need to be a great marketer;- You need to be a great negotiator;- You need to be a great salesperson;- You need to be able to estimate rehab costs;- You need to understand how rehabbers analyze their deals;- You need to understand how landlords analyze their deals;- You need to understand contract, closing processes and deal flow;- Etc...If you're getting into wholesaling because you have no cash, what are you going to live on for the months/years you're spending learning how to do all those things above?
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9 November 2012 | 42 replies
The cost of each LLC would be approximately $60 to set up excluding getting an operating agreement/articles of organization written.
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9 November 2012 | 2 replies
A good wholesaler has all the skills of a good rehabber and landlord, plus MORE.
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5 January 2013 | 12 replies
I plant with pear trees and apple trees it is a hobby for me;) Organic gardens and extra space for the ever increasing stuff I acquire.
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12 April 2014 | 22 replies
Because of your building skills, it might makes sense to keep doing that, and incorporate your up and coming investing knowledge.
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29 March 2013 | 25 replies
Any interest in organizing one around the next time you're in town Jon Klaus?
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2 February 2013 | 7 replies
Another thing that you can do is bone up on both your marketing skills as well as your creative deal making skills.
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10 March 2014 | 24 replies
from SEC website crowdfunding FAQs.Crowdfunding in essence is "legal" except that the SEC has yet to rule on how to implement it, and specifically, they have not ruled on how exactly an organization becomes a registered funding portal.
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20 August 2013 | 9 replies
I coded ledger software for tracking tenant payments, then a module to organize up checking out prospectives - then a module for maintenance - then one for maintaining the Rent Rolls.