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12 August 2024 | 1 reply
- you can furnish fairly cheap (offer up, CL, buy nothing …, thrift or consignment stores, etc) but it take more effort and more calendar time.
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6 August 2024 | 4 replies
I want you to be likely to pay me back even if the deal does not go perfectly.
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12 August 2024 | 6 replies
Dont get hung on the number value of a rate on a loan estimate - figure out what you're paying for that rate- Read up on the differences between boxes A, B, and C on a loan estimate.
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5 August 2024 | 4 replies
The problem I am having is that I am finding it very difficult to come up with a downpayment of 20% to purchase new properties.
12 August 2024 | 3 replies
So don’t be surprised whoever you check out if you end up with a citizens policy.
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12 August 2024 | 2 replies
Today, I wanted to chat about something that's been a major topic of discussion in our industry—the recent NAR settlement and its potential impacts on real estate agents.For those who might not be fully up to speed, the National Association of Realtors (NAR) recently reached a proposed settlement agreement related to broker commissions.
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11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?
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12 August 2024 | 1 reply
You would have to get a relatively short term loan (5 years or variable) to buy the property and fix it up.
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11 August 2024 | 3 replies
Boxabl acknowledges SEC inquiry in updated filing | Business Insider India its a double whammy start up and trying to sell in a very tough interest rate environment. along with inflation and cost of components to the point their 50k to 60k box probably cost them quite a bit more to produce than what they were going to sell it for.
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11 August 2024 | 0 replies
We ARE a chapter of National REIA, so joining gets the paint discount, cabinet program, and rebate - as well as access to all the other national vendor perks and programs.We're in process of getting local vendors and sponsors lined up as we move forward.Starting in September, meetings will take place in the evening on the 3rd Thursday of each month, 5-9pm, food and non-alcoholic refreshments provided (buy your own booze).