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11 September 2018 | 63 replies
I hardly see a wholesaler that legitimately has their OWN property contract ready to sell it to buyers there.And think about it.. the reason why you don't really see it... anyone that knows how this is done will sell their contract online, by mass mailing their buyers.. there 3000+buyers (in my case I just have a handful of serious buyers).Going there to a meeting with a contract simply means 1) they are not experienced2) couldn't sell the contract via the "normal ' means, which means, it is not a good deal.. which means they are not experiencedAwesome to those that made progress during social media and meet up... for me.. it just doesnt work!
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4 September 2018 | 5 replies
Turnkey- I personally don't like the turnkey model, mainly due to the fact that most products sold via turnkey are in C/D areas, thus making you totally dependable in your Property management company 5.
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21 October 2018 | 3 replies
Is there a formula for calculating repair cost via square footage of a house?
21 March 2019 | 14 replies
If you purchase via an IRA (as opposed to a 401k), you will need to open an IRA account at a specialty trust company which allows for investments in real estate.
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13 March 2019 | 4 replies
What type of interest did you pay via Cogo?
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18 August 2020 | 41 replies
A literal chunk of principal gets forfeited forever (via upfront MIP) and it never gets back to you.
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9 October 2020 | 6 replies
It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.
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15 September 2020 | 2 replies
A good inspector will be a better precaution than anything I could tell you other than checking the rent via Rentometer.Know the vacancy rate.
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8 April 2019 | 4 replies
If that's not to far I'd be happy to share their contact info via DM
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23 October 2020 | 13 replies
All other issues I use a database of reliable contractors which I manage via phone and text in coordination with the tenant .