25 July 2015 | 8 replies
Anything that is not done properly needs to be fixed immediately, while the crews are still there.
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21 August 2014 | 11 replies
That being said, don't be afraid to take on good debt that covers itself and gives you an income, but don't be too quick to assume lots of debt without financial backup and proper planning.
27 August 2014 | 1 reply
That income will be aggregated with all other income, properly accounted for and used to offset the Borrower's liabilities.
22 August 2014 | 13 replies
There will be more leads.As long as you are following protocol and using the proper documentation, I don't know of a legitimate reason (i.e., non-frivolous) why you would end up in court.
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21 August 2014 | 14 replies
The proper way to use that formula is:MAO = (0.7 x ARV) - (repairs plus other expenses) So doing the math we get MAO = (0.7 x 400000) - (20000 + 90000)MAO = 280000 - 90000MAO = 190000To wholesale you would have to go even lower to allow for the assignment fee.
22 August 2014 | 13 replies
Marital property laws will be in play as well as estate matters, comingling assets can be avoided with proper legal guidance.
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5 September 2014 | 3 replies
You are effectively buying traffic from specific keywords, so do your research to make sure you are targeting the proper audience.
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6 January 2015 | 28 replies
If not done properly, you could face double taxation on the income.
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29 August 2014 | 0 replies
On paper would want the proper to cash flow assuming I was not living there to start.
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9 October 2014 | 20 replies
I understand what people are saying about building up some capital first.But, if you structure the upfront of a Lease Option or Subject 2 properly then you can build your reserves and get an income.I get between $5,000 to $10,000 from the tenant buyer at the time of signing.