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27 May 2016 | 3 replies
I ended up havi v to remove tenants to fix the problem .
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28 May 2016 | 9 replies
I took a deeper dive, and listened to may of the podcast episodes that Sean had put out, as well as the BP podcast episodes where the various methods of wholesalers were revealed in interview after interview.I found many similarities among what I'd read and heard on the podcasts:Direct Mail is a very popular way to goYou'll likely need to spend thousands in marketing dollars (most likely using yellow letters and postcards) to get the deals coming in to youOnce you get one deal, the rest snowballCommit to one marketing strategy, bandit signs may work but they tend to be the least favored here on BP (due to their "uglying up a neighborhood" and the fact that many times they are illegal and get removed)So I get the general gist of this but the questions I still have unanswered are:How does one know what is the right legal language to put on contracts?
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19 December 2018 | 16 replies
... 50 shades of SDIRA gray ...So if i enter into a JV with my SDIRA, and can show that the SDIRA could buy the property on it's own via a non-recourse loan, and that I could also have bought the property with a regular mortgage, then it would seem I have no direct nor indirect benefit, correct?
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27 May 2016 | 2 replies
They have regular monthly meetings and networking events.
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28 May 2016 | 0 replies
I am sure the cost may go down if the group of homes is insured as a bundle, but i used this as a worse case scenario.Utilities and HOA: Most HOA fees in this area include lawn care and trash removal.
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15 January 2017 | 20 replies
3) from your experience what are the terms of investing with a JV when someone gives 100% of the funds and the other party puts in the work/sweat (sourcing notes, setting up the payments, negotiations etc).4) what would you say the advantages of performing notes upon regular real estate investing (buying a house and renting).5) what kind of return should I roughly expect?
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3 June 2016 | 5 replies
Any local attorney that regularly practices in this area should be able to provide you with simple form contracts at minimal cost (this would take the attorney very little time).
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28 September 2016 | 24 replies
Besides the New Western Acquisitions, what other companies in Houston that constantly have regular deals/projects?
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8 June 2016 | 7 replies
Insurance - builders risk two to four times as expensive as regular insurance.taxes while holding the propertyTransfer taxes to buy and resell2 sets of closing costReal estate agent commission to sell.Financing costs - more expensive due to risk of rehabbing.