26 May 2019 | 13 replies
If you inherit it and are involved in a legal issue (car accident, anything like that) then the house could be an asset that is seized to pay a debt, especially since it is not your home/residence.
28 May 2019 | 34 replies
Keep in mind your 650 tenant to qualify needs to make 3X rent.. that's less than 2k a month.. take out the rent take out 150 to 200 for utls that lease basically 250 bucks a week to pay for their car their phone.. food cloths , most have kids the dog food etc etc.. these are folks that live pay check to pay check.. so to think your going to get stability in that renter is wishful thinking and or you simply don't know what you don't know..
28 May 2019 | 7 replies
Here is what I generally use in Memphis for my ratings:A+ no cashflow whatsoever if you bought here, good appreciation, great schools, larger houses, beautiful homesA great neighborhood well kept mostly all homeowners, more likelyhood of appreciation, not as great of cashflowB decent area but some homes are not perfect, quite a bit of renters but still homeowners, decent cashflow, decent/some appreciationC Very few homeowners if not any, more run down houses, good cashflow, very little appreciation, D&F Warzone, dont event want to get our of your car, lots of boarded up houses, cashflow looks amazing on paper 2-3% rule "on paper" ARV < $45k
30 May 2019 | 7 replies
Is it full of cars?
27 May 2019 | 2 replies
However the absolute best way is to drive an area you are interested in in the evening an see what kind of cars are parked in the driveways and garages.
30 May 2019 | 3 replies
You can't build a rap if you get ZERO deals or leads.You NEED to have a website period, no matter if you do wholesale deals, sell cars, clean toilets, looking for new clients.There is no debating nor arguing this.If you send someone a letter/postcard or door-knocking, and I do the same and they look us up, and you are nowhere to be found while me...ALL over Google with 21, 5 star google reviews do you really think you will EVER..
30 May 2019 | 19 replies
The neighbors said her car hadn't moved in about a month.
27 May 2019 | 10 replies
It's like a 13-year-old asking which tires are best for his car when he hasn't even earned his license.Build a business, then worry about building a better business.
14 June 2019 | 3 replies
What dynamics change when we have driverless cars?
30 May 2019 | 21 replies
If it's worth over $1000 to you for someone to hold your hand through the process, then go ahead but I'd be saving that money up for a set of tires for your car or something...