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23 August 2024 | 7 replies
But that does require funds - Takes money to Make money!
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26 August 2024 | 1 reply
Make sure you take advantage of the various resources (books / team builders / calculators) while you learn and get ready for your first purchase!
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21 August 2024 | 9 replies
My default decision is LVP unless I have a good reason otherwise.
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21 August 2024 | 3 replies
The worst ones usually don't have any clear cut guidelines (a lot of the underwriters will make up their own rules if they do not like the deal), Suck at communicating (will reply days later), Push aggressive terms to get deals in and then switch them, and Not really motivated to get things done (they will adverse a loan without any hesitation).
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25 August 2024 | 44 replies
Regarding ADA... better make sure you know the rules.
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22 August 2024 | 31 replies
Also what is a good resource to learn more about tax deeds as it relates to local county or area or even the whole process.
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26 August 2024 | 24 replies
Pay it if she cannot, and make her pay you back.
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26 August 2024 | 6 replies
These partnerships will make me passively $100k per year forever within the next few years.
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28 August 2024 | 10 replies
My best advice is to work with someone who can easily plug you in with their network of PMs, GCs, and lenders and can guide you in making strong offers.
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20 August 2024 | 2 replies
In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.