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13 April 2020 | 4 replies
I am a seasoned real estate investor looking to scale.
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18 April 2020 | 8 replies
BTW - you have to know that any seasoned investor will not pay full retail for any buy/hold property, right?
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15 April 2020 | 6 replies
I believe this way the ownership of the LLC changes NOT the purchaser of the short sale which avoids seasoning.
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15 April 2020 | 4 replies
Base Cash Flow: $849 per month.Refinance: I refinanced the property after the 6-month "seasoning period".
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14 April 2020 | 4 replies
I know she will need help for a season and the profitability of our businesses can be affected.
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15 April 2020 | 3 replies
This is a seasonal business that is working out for now and is decent cashflow.
20 April 2020 | 8 replies
as a new agent you need to decide where you will hang your license,(broker), you dont work on your own, part of the idea is than an experienced agent will over see you and help you work,there are many companies out there, interview with a few, let them talk, most would rather hear themselves anyway, steer clear of more independents that boast letting you keep more, not for newbees, i started out with national chains till going to remax after many years, the chains will will have additional training for you, I also mentored two other agents after hitting elite status on nationals, be ready to give some of commission for mentoring, dont volunteer it up front, you will have many fees to pay starting out, sometimes you can also be an assistant to a major agent too, you will list thru a multiple listing service that other agents used to find houses, public too, they cost also for membership, on your own you cant list on craigs and do open houses, there are some who only list and some who only sell, and some inbetween, if you are lucky enough to get both sides, suggest you get someone else to take buyers side for transaction if you have iron clad relationship, or stay neutral, some list only to take buyers elsewhere, one house one sale, one house many buyers, what ever you do stay intouch with listings, plus with national agency lots of experience, lots of ads, national website, referrals,traing avail if you got in this to work from home and make a large commission right away you got sold, fees will eat you up, sales take time, money and experience, some get in it to buy their own, that is an option too, do lots of phone time, stay friendly with all in office, avoid politics of all kinds, do rentals to pay the fees, they can turn into buyers, expect to make first listing within 3-6 months, sale 6 months, till up to speed, my standard was 2 of each a month, some more some less depend on season, can tell you stories.... doing floor time once had buyer walk in, said wanted to spend no more than 2, turns out was million, no one wanted to do floor time, also my first listing was a real frank loyd wright home, other agents would me give their rental lookers, be willing for all, I worked in area of NJ where a famous golf course is, was one of few that belonged to all 3 mls, so had advantage, a $1500 corp rental relocation will some day buy, get to know the relo person, we used to give nice gifts to clients, make it something they will see everyday not flowers or candy
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16 April 2020 | 9 replies
@Andrew Caleb BellIf you transfer the property from your LLC to your personal name, the lender may require seasoning before you can refinance.
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16 April 2020 | 4 replies
Seasonality affects the market so what it appraises for now may be different than what it appraises for in 120 days when rehab is done and you are in escrow with a buyer.
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16 April 2020 | 3 replies
The note is10 years into a 15 year term so it is quite seasoned.