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12 June 2020 | 4 replies
But that might be per the individual lender.
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16 June 2020 | 4 replies
Will a lender need to review our individual credit history/worthiness?
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22 June 2020 | 13 replies
Right now I am looking into a structure like this:-Borrow from an individual with an IRA -> convert to a SDIRA-Make loan interest and principle payable at the end of term (because it's an IRA)-Structure similar to a construction loan with monthly drawdowns of about $5k for the highest probability of success with direct mail-Possibility for an equity component: pledge a percentage of profit along with normal interest in the promissory note (a joint venture)Would this be attractive to a potential investor considering I am wholesaling in California and the average fee is $15k-$20k on the lower end?
11 June 2020 | 11 replies
I'm open to investing in syndications but don't know if that is better than investing in individual properties at this point.
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19 June 2020 | 20 replies
If you are a systems oriented individual, then create your system.
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12 June 2020 | 13 replies
A real estate professional is one who:(1)works 750 hours or more in a real estate trade or business in which the individual has at least 5% equity and materially participates, and(2)more than half of the services that the individual provides are in a real estate trade or business in which the individual has at least 5% equity and materially participates.For your common, non-equity W-2 employee who works full time, this makes it not impossible to qualify as an RE pro, but highly improbable, as your average full-time employee works around 2,000 hours in a year, give or take.
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14 June 2020 | 15 replies
Even then you have to do the legwork up front to vet the sponsor and individual deal.
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11 June 2020 | 1 reply
Or if they looks at the price of individual units year over year...but both of those require a lot of work to get those data.
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11 June 2020 | 1 reply
I am a highly motivated individual who’s looking to get started in wholesaling.
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22 April 2020 | 2 replies
Every resident should leave behind part of their story and history.Add an inspiration page to the website.Would even be fun to do DIY projects with the resident directly.Offer additional services as needed, including healthcare support, social support, general errands etc.Leverage nursing friends to create a home health care wing of the company.Explore research on the use of therapy animals, and incorporate into services.Create events that promote group interactions across the various tenants within the GNA community.Team sportsRegular cookoutsTeam buildingFind ways to focus on any positive impacts for children in the home.Look into unique tutoring or home schooling business ventures.Provide ride services to ensure kids get to school.Offer daycare services.Create a unique fund matching opportunity to promote investment in an early fund for either graduation or retirement.When a resident is ready to move, offer support in other available properties within the GNA, or moving services to their desired location.Build a department to assist in everything moving related, including processing procedures for personal belongings that may not fit in the new location.Explore the idea of a “Brick and Mortar” operation to deal with accumulation of household items that is an inevitable part of the entire process.