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17 July 2017 | 1 reply
My business partner and I can get properties much sooner if we accept funds from others but we'd also make less on each.
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17 July 2017 | 1 reply
Once you change the locks per the legal eviction date (you can change the locks sooner than the official eviction date if the tenant (s) have moved out prior to the eviction date) you have taken legal procession of the property back.
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26 July 2017 | 41 replies
., OPTION 1: OPTION 2: When Seller Uses RE Agent & Your’e Using Property For a Rental When Buying Subject To & Selling to Tenant Buyer Pro: Doesn't require specialized knowledge Pro: Little competition "Adequate" cash flow - Nothing Exciting Can be little $ down You get appreciation if property goes up Can do Unlimited number Can Get Started Much Sooner Get down payment (Cash $) back immediately Great Cash Flow No Bank Approval Needed No Maintenance or Repairs Con: Have To Have $45,000 Cash for Down Payment Con: Have To Have $15,000 Cash For Reserves (just in Case) Have To Have $15,000 Cash for Closing & Carrying Costs Due on Sale Clause Have to Get Bank Approval Must learn the technique Can only do 4 -10 properties depending on bank Competing with everyone else Requires 20% Down & other requirements If AC breaks - you fix it If roof needs replacing - you pay for it If toilet clogs - it's on you If house gets trashed - you un-trash it You take loss if property goes down in Value Tenant Can Trash The House
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20 October 2020 | 5 replies
If the roof goes bad 7 years sooner than expected, and insurance doesn't help you out, your roof escrow account will probably run dry pretty quick and you will need to fork over cash out of your personal pocket.To me, it seems like keeping a budget nearby (such as directly below your excel income statement) is going to serve the purpose you're needing.
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19 July 2017 | 4 replies
The investors I know here in CT that are the most successful have one niche strategy they execute and they execute that strategy in an area they know like the back of their hands.The sooner you can zero in on a strategy and an area you want to execute that strategy in the better off you will be.
20 July 2017 | 1 reply
Talk to the builder the sooner the better.
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26 July 2017 | 157 replies
Cut the gym membership and work out at home.
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10 September 2017 | 8 replies
If you already have a W-2 job and are saving, living below your means, and able to get real estate experience as an agent, then you will most likely be able to start investing sooner.
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22 July 2017 | 3 replies
I have a triplex that has old knob and tube wiring in it and I would like to replace it sooner than later.
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24 July 2017 | 3 replies
With little to no money how can I make that happen sooner than later?