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9 January 2017 | 9 replies
Missing pre set deadlines(time is$$)poor communicationleaving homes set once you get starter check.Taking on more then you can handle in one month ( guilty- know your capacity)Bad subs-bad can be bad as a person, bad at showing up on time, bad at respecting the property and neighbors. .ect. ( i always ask myself would i send tgem to my gmas)bidding low to get the job, then charging more. inacurrate and not being thurough when bidding.
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2 June 2019 | 5 replies
I needed a tool to keep track of my properties and their respective owners and tenants.
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4 April 2017 | 36 replies
Exit strategies now are to either wait til the note gets seasoned and then sell it for a profit, hold onto the note and buy my partner out in about a year and take the rental income (we'd pay for 2 appraisal's; I'd pay him out half of the difference of the profit), or we can get the owner to refinance and then we'd get a nice payout of her outstanding loan balance ($75K, which would leave me with a $15K return in less than a year ($75 - initial $45K investment = $30K profit split between me and my partner to come to $15K a piece).Additionally, I got to partner with a respected, experienced professional and gained a mentor in the process.
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16 January 2017 | 10 replies
I've run across a number of posts from each of you in the past and have a lot of respect for your opinions.
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15 January 2017 | 12 replies
BTW, each of those three disciplines should be in separate companies anyway (and in different entity types, e.g. sole proprietorship, S Corp, and LLC respectively) and anyone with real experience you talk to will see that 'confusion' right away.
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9 January 2017 | 13 replies
A 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).
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1 February 2017 | 7 replies
She's very well-respected, feel free to give her my name.
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11 January 2017 | 7 replies
Being an agent is a more legit/respected profession (most would say outside this site) compared to being a wholesaler, which some see as people who are trying to undermine a sellers ability to sell for max price & therefore maybe seen as a snake oil salesman.
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14 January 2017 | 3 replies
Hello respected BP members.
11 January 2017 | 0 replies
Are tenents generally more respectable to not break a bunch of stuff and incure high maitnance costs in one then in another?