James Mercure
Not using your own money?
23 September 2018 | 4 replies
You need to incentivize them to mentor you or partner with you, either you work pro bono for them or bring something to the table of value.To your comment about "shady" or dishonest, I would encourage to you be as honest and forthcoming as possible, I don't know about you but I got into real estate because I wanted to do something meaningful, profitable for my family's benefit, I wanted to benefit from my level of effort rather than giving it to someone else, and most of all I wanted to make the world a better place by improving whatever it is I am working on; I want to be able to lay my head on the pillow at night knowing I did everything I could today to move forward in a positive direction and did so with integrity in order to prevent any form of regret.
Charles Jones
Ideas on Potential partnership with father-in-law?
1 October 2018 | 4 replies
The interior and landscaping are dated and could be updated to increase the home's value to the neighborhood median (close to $600k).Here are my ideas:1) move him into an apartment/condo2) buy the house as a purchase option3) renovate the home4) Sell the home5) buy a multifamily property in partnership with the father in law with the all the equity generated from selling his house.
Account Closed
Sending Successful Mailers
23 September 2018 | 3 replies
Are there any examples or specific wording that you guys have found to be most effective in generating leads??
Aaron Johnson
Looking to connect with wholesalers/realtors in detroit
27 October 2018 | 2 replies
Hey @Aaron Johnson, I am a wholesaler/investor that works with people to find cash flowing properties for their portfolio or flips for profit.
Jesse Murillo
1031: Outbid on 3 properties
25 September 2018 | 10 replies
You'll pay the tax on the profit from your sale (not the proceeds being held) but no penalty.
Paula Ratcliff
HOA board moving money from one bank account to another
24 September 2018 | 5 replies
IRS - CPA You guys are probably a non-profit entity.
Bob Starlin
Market Contraction Strategies
23 September 2018 | 4 replies
That technique works in any market so it really isn't specific to market contractions or bear real estate markets.Does anyone have any suggestion on resources for profiting from bear real estate markets?
Ben Kirchner
New Bern Tiny Home rental netting $25,000 profit
2 June 2020 | 5 replies
The Tiny Home would be acquired for ~$50,000, and he suggests it could generate gross profit of $4000 a month.
Sam Hickey
I know what I want to be when I grow up. REI
22 September 2018 | 0 replies
I am buying each house with the hopes of 20k net profit.
Diana Grigoryan
Books or podcasts to learn RE lingo and math?
24 September 2018 | 7 replies
I know it’s not profitable, but my cash is in the bank, I just don’t know where to put it where it for sure won’t go negative.