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8 April 2024 | 29 replies
Red flags are not being able to meet at the property in person (usually they say they’re on a business trip or currently living overseas and they’re usually “really busy”, no time to chat small talk about the property or FaceTime with you or anything like that, etc.), not allowing access to the property (these are often vacant land deals or sometimes vacant houses), wanting to close remotely/ use a mobile notary or their own title company that is also out of state, wanting only cash offers with few contingencies, no “for sale” sign at the property, willing to sell the property for less than fair market value for a quick sale (often there’s a story that they need money quickly for their husbands surgery or some other emergency), they often have a foreign accent, and only want to communicate over the phone or electronically (for some reason they always use an outlook email and many prefer to communicate through WhatsApp).
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7 April 2024 | 12 replies
Also they never mentioned their license.I've uncovered so many "good legitimate business" that's ending up investor losing money or being wiped out at the level ten deep dive due diligence, but this one is the most transparent scammer.
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8 April 2024 | 8 replies
Are you busy and looking to get better returns more passively?
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8 April 2024 | 12 replies
The end result is I have people looking to help me build my business that I only have to pay when they get results.
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8 April 2024 | 9 replies
In the end, you want to keep the money partner happy because having someone that can fund deals on short notice with cash can really elevate your business.
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7 April 2024 | 5 replies
I know the general basics of the market, the business model, etc, but I was hoping to take my knowledge to the next level.My biggest goal right now is to own a rental property before I graduate college (currently a junior in high school).For context, I love reading books about investing and personal finance (I have a very solid foundation of knowledge built up) and I currently have a portfolio of about 11k between stocks and crypto.
7 April 2024 | 1 reply
Solar carport 1.7mw installation, @ 1.5$ per watt 100% financed(getting quotes(probably installed around year 3 after business & EV charging demand is stabilized.
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8 April 2024 | 15 replies
I've read the opinion letters prepared for my clients and I trust the opinion of a tax attorney over that of a 1031 intermediary pathetically trying to protect his business by bashing the competition.
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8 April 2024 | 51 replies
@Josh Mac keep in mind that Zillow can be completely unaware of factors that affect value...and some of these factors might not be apparent until you see the property in-person.For instance, maybe someone added a bathroom to the house, and now it's a 3/3, but Zillow thinks it's a 3/2. ...or maybe the house is right next to a busy road with tons of traffic noise, but the Zestimate is based on nearby houses that are on quieter residential streets ...or the main floor beam under the house is rotted out--Zillow would never know that...In short, there are a ton of factors that can affect a property's value that Zillow might completely miss.The Zestimate can be reasonably accurate in showing a ballpark value...but, I wouldn't make life and death investing decisions based on a Zestimate...
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7 April 2024 | 3 replies
Which in turn will bring plenty of other investors and general business to the area.