Ahmed Hafez
Closing Wholesale deals
25 September 2024 | 0 replies
I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
Petra Handrigan
Avail Account Locked - Demands proof of life
25 September 2024 | 2 replies
, my ID and documentation that shows that I am the owner of the property such as a closing statement.I called again this morning, Monday, only to be transferred to voicemail, so it looks like customer service for when your account is locked in non existent.
Kendall Bryant
Buying A House in Pre-Foreclosure
18 September 2024 | 3 replies
I've heard about how helpful the forums are and wanted to try posting my situation on here for some tips and guidance.I'm just starting my investing journey and my friend informed me of a house in my area that is about to go to Foreclosure.
Natasha Rooney
Starting Out - How to Narrow in on a Decent Market
20 September 2024 | 23 replies
I know there are lots of stats and things to look at when analyzing deals as well as markets like job growth, unemployment, etc.
Jacqueline Saarenas
STR: Familiar with Seattle STR laws?
25 September 2024 | 3 replies
I'm wondering if anyone here is familiar with Seattle's STR policies and how to get around the (2 max) STR per person policy?
Joseph Russo
NYS Options Lease Non-Renewal Notice
23 September 2024 | 1 reply
I'm not in NYS, but in WA you can google the law and find what is required.Going off the top of my head here for WA:Deliver a copy personally to the tenant.If the tenant is absent, by leaving a copy with someone of suitable age and discretion at the rental unit AND mailing a copy.If neither of the above are possible, by posting a copy on a conspicuous place on the premises, handing a copy to any person living there, AND mailing a copy.There's also a form that goes along with notifying them.
Travis Andres
Anyone do Grant Cardone Success System?
19 September 2024 | 34 replies
He's a fake billionaire influencer: "look at my car, look at my boat, look at my plane now send me all of your money so you can be like me" type of guy.
Thomas Sehon
Best insurance companies for a long term rental
23 September 2024 | 6 replies
just looking to get some advice on the best companies out in Denver for homeowners insurance on our rental.
Benjamin Carver
Agents of BP, What Are Your Best 3 and Worst 3 Sources of Business and Why?
18 September 2024 | 6 replies
Networking - I meet people in person and online, here for example, trying to build up my SOIMy Worst 3:1.
Cindy Auch
Is interest received from fix & flip loans subject to self employment tax?
25 September 2024 | 9 replies
Thanks Not a CPA but every loan we have done has always been taxed at ordinary income rates.I let my CPA figure all of this out.