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6 November 2018 | 5 replies
Before jumping into products or targets,I would suggest setting up a solid base.For me that means:- LLC/inc. in tax favorable state- 800 FICO / 80 PAYDEX- $100K in untapped personal credit- $100K to a million in EIN/LLC/DUNS untapped creditONLY THEN look around, research the market,and jump when your brain/gut/heart align.Today Zillow dropped 20%, California/NYC offers are down 25%,Australia/China/Canada are down 20-40% depending on the data...Save your hard earned $50K for the right moment with a strong base!
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2 September 2018 | 1 reply
The lender wants to know worst case there will be enough cash flow to make debt service if you can't fully lease up the project right away.Usually a buyer ties up the land for 6 to 9 months before purchasing to see if they can get their project approved and advance commitments from some tenants for the spaces before closing on it.
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2 September 2018 | 1 reply
Can you get paperwork signed via email and scan with a commitment to meet the Seller on Monday to provide Earnest Money?
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2 September 2018 | 6 replies
A release will also require him to provide his full name and personal info, which will remind him that he cannot commit any crimes against you with anonymity.A similar thing happened to me a couple years ago when I met with an unvetted handyman.
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5 September 2018 | 12 replies
@Shawn Gor most states have strong laws to protect tenant deposits.
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2 September 2018 | 0 replies
I looked into syncing everything on Podio but once again I'm a contractor and the tech side of things isn't my strong point.
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2 September 2018 | 0 replies
I looked into syncing everything on Podio but once again I'm a contractor and the tech side of things isn't my strong point.
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2 September 2018 | 1 reply
Needless to say our economy as well as the RE market is strong.
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3 September 2018 | 2 replies
Since you're here in Metro Atlanta, I'd strongly recommend getting your hands on training and courses from successful local investors like Dyches Boddiford and Lou Brown.If you are looking for recommendations, connect with me here on BP and I may be able to help!
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10 September 2018 | 7 replies
With vacancy rates already extremely low, there is going to be a shortage of rental properties and strong rental demand.