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25 February 2019 | 28 replies
But options work I think in Texas they have to be short term though.I am buying a 5.5 million dollar property that i optioned in 2009 I put 200k in cash up for option money ( non refundable) and i pay 120k a year in option payments ( non refundable) but its all a credit to the purchase price.. so i have no interest carry .. on a 117 acre parcel that once it comes into the city will be worth north of 50 million.. thats how you make money in the land game.. and sellers will understand.so as it comes to hawking beat up houses.. just put 5 to 10k in option money out make your monthly option payment have it all go to the purchase price and close in 60 to 90 days when you exercise your option.... although you will want to run this model by the state regulators they still may not like you publicly marketing the property..
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26 February 2019 | 7 replies
I know it will be a numbers game to find a deal.
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25 February 2019 | 3 replies
There’s a wealth of knowledge included in each, but here’s a quick breakdown to make things easier:The Book on Tax Strategies for the Savvy Real Estate Investor by @Amanda Han: Creative ways to maximize tax deductions for your real estate businessClever ways to write off your kids and every penny of your travelEasy tips and tricks to cut down bookkeeping timeSimple ways to protect yourself from an IRS auditFREE bonus video: "The Big Changes in the 2018 Tax Code"FREE bonus chapter: "Keeping Up with the Latest in Tax Changes"… And more!
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26 February 2019 | 9 replies
I been listening to Bigger Pockets Podcast, watching their youtube videos, and reading up on the Ultimate Guide to Real Estate for Beginner book... anything else I should do?
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14 March 2019 | 2 replies
Stumbled upon this video while still laying in bed.
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1 March 2019 | 4 replies
Any suggestions on books and videos are appreciated as well.
2 March 2019 | 6 replies
So I'm changing the game plan to purchasing a single family property that is large enough for me to convert into four units.
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7 March 2019 | 8 replies
I guess we’re just playing the waiting game.
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3 March 2019 | 42 replies
I can't stress this enough, take photos and video with audio to time stamp.