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26 June 2019 | 2 replies
Note: I understand there are various factors that could impact one's decision (growth goals, condition of property, cash flow, etc.).
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2 July 2019 | 5 replies
Again, as Wayne says, that last part may impact what you offer if you know there are junior lienholders and that someone else is gonna want a piece of the proceeds.One final thing when making an offer...Lenders don't accept or reject a purchase offer.
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20 October 2019 | 6 replies
Does the fact that it was recently a rental impact the capital gains exemption for homeowners of up to $250k ($500k if married)?
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7 October 2019 | 5 replies
We have started some new activities to get more access to pocket listings or direct to owner deals for our clients, but as always, it takes time to build up the lead funnel.A couple of caveats when checking in to the BRRRR strategy.Understand that the more distress you take on, the more likely that your budget will get blown apartUnderstand the impact of leverage on the cash flow.
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3 July 2019 | 3 replies
He also doesn't try to meet every single person in the room.The most impactful networking lesson I've learned so far:At my first Real Estate Guys Secrets of Successful Syndication Event, Russ gave the crowd a hugely important lesson about real estate investing.
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7 August 2019 | 12 replies
I had a phenomenal time learning the city, and as disheartening as it is to see what the recession did to this thriving historical city, I'm also very optimistic about the social impact that developers will be able to create in the city.If you've had Detroit experience, been curious, or have been warned against Detroit, I'd love to hear your feedback.
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4 July 2019 | 7 replies
I was probably still looking at this from the perspective of what is convenient for me, and wasn't considering the cost or impact to the contractor's business.
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2 July 2019 | 5 replies
A lot of MLS boards like @Brian Sparr and @Chris Mason said now include it as a box check on a standard contract.Regardless of notification there is nothing about you performing a 1031 that will impact the financing for the buyer.
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3 July 2019 | 9 replies
Luckily this is small like you suggested, so the impact would be minimal regardless.
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5 July 2019 | 25 replies
I have been a financial coach and taught his Financial Peace University class several times, and the BIGGEST factor impacting success or failure for participants is getting on the same plan with his/her spouse combined with absolute transparency, participation, and integrity shared among all parties.Best wishes!