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Results (10,000+)
Luke M. Solid credit, but it's reducing with each deal
14 May 2014 | 12 replies
My income has certainly been going up, but it does consist of multiple streams, so it's probably hard to track.
Bryan Vince Quickbooks - Cash Flow Analysis
14 May 2014 | 8 replies
Does anyone else have better software for tracking rental property financials?
Account Closed with no money no credit
21 September 2019 | 15 replies
Even with a hard money lender funding a significant fraction of the deal you still need cash of your own.If you have experience doing the work and have a track record you mind find a money partner who would fund the deal while you do (or get done) all the work.
Account Closed I have deals, no buyers, just tire kickers! Am I alone?
14 May 2014 | 18 replies
Track the ones you can't find buyers for or that you pass on.
Markeilsha R. Can I market a home BEFORE I have the signed contract?
15 May 2014 | 7 replies
If its a private sale, that may be harder because they have to track down the seller.
Don Konipol You may have been to a Guru seminar if..........
14 May 2014 | 2 replies
You May have been to a Guru seminar if..........You believe brokers will continually submit deals to you although you have no capitalYou believe lenders look at the property ONLY when considering whether to lend you money, so that your multiple bankruptcies, credit score of 490, and $80,000 in credit card debt won't matterYou think that commercial real estate sellers will accept post dated checks for $100 as sufficent earnest money.You believe no seller is sharp enough to see through the numerous “weasel” clauses you put into your purchase contractsYou are persuaded that the only difference between a $1000 transaction and a $1,000,000 transaction are the amount of 0'sYou believe everyone who critsizes your plan is jealeous and wants to see you failYou believe that 20 years of hands on experience, a four year college degree in real estate and yearly mandatory education seminars can be trumped by the “intense training” 3 day seminar you just paid $7000 for.You believe that the $7000 you just borrowed on your newly increased credit line to pay for that seminar is an “investment”You can't believe people actually wasted $80,000 and four years of their life learning “useless” information in collegeYou believe assembling your real estate “team” is your key to success and a necessary first stepYou believe you can actually contract with the best “players” in the industry although you have no experience, capital, or track recordYou believe that once you find the deal that fits the formula money will come to youYou believe that your Guru has provided you with exclusive information on how to find “bargain” dealsYou believe one in a life time “steals” are an everyday occuranceYou believe you can be successful working “the system” on just weekends and holidaysYou believe the Guru got rich by actually doing real estate deals rather than by using a slick promotional sales and training systemYou believe the personnel provided to assist you are actually real estate investors who actually have experience and knowledge and aren't just some failed salesman reading from a scriptYou believe you're the first person to think of using BiggerPockets as your source of wholesale leads or to build a buyer listYou believe wholesaling is investingYou think the term is “whole selling” not wholesaling.
Dave Savage Bank Changed Locks - Now What?
15 May 2014 | 3 replies
I am going to search county records to try and track it down but thought I would get some input on my next steps from the forum.
Bob Malecki Seller's last assignment on 1st position note not recorded?
17 May 2014 | 20 replies
This file could have just as easily had dual interested parties.
Andrew Cordle Advice on Historic House.
23 May 2014 | 18 replies
Find out what types of approvals you will need from the Historical Commission and how long it takes for them to approve.You might want to track down your local architectural salvage suppliers and get an idea of things they have that you might want to use.
Eric Robertson Figuring first deal-input please
20 May 2014 | 16 replies
Usually referred to as Wholetail selling on a retail market with a wholesale price with your target buyer being and actual home owner rather than an investor.Lets say you offer him $71,520 with $5,000 down over 20 yearsclean the house up and paint it freshlyand through it on the MLS for about $99k and hope it sold over 4 monthsYour monthly would be around $566 or $2,264 over 4 monthYou will have about another $2,500 in closing at sale, $300 in inspections cost and $5,940 in commissions You will have about $7,264 + cosmetics and utilities invested.But you will net about $10,000 after sale$71,520 + $5,940 + $2,500 + $2,264 = 87,854$99,000 - $87,854 = $11,146Something like this can also be done and your numbers could be adjusted and negotiated if you do a 30 year term insteasd of a 20 the month would be lowered speak with your realtor about this as well.Just a thought my mind tends to analyse deals quick and run off track at this point.