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25 March 2024 | 8 replies
I'm a big fan of Kingston.
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25 March 2024 | 16 replies
The issue I am not a fan of seller financing is the following:11.
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26 March 2024 | 47 replies
s on the area.I grew up in family of Cowboy's fans, so the skins winning and us beating the colt's made my entire Christmas.
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29 March 2024 | 99 replies
It's when stuff hit's the fan, that's when experience makes a difference.
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23 March 2024 | 9 replies
As for the fans of the privacy offered by Wyoming LLC, here’s the best of both worlds.
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24 March 2024 | 19 replies
Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed.
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22 March 2024 | 4 replies
Which I am not a fan of.
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22 March 2024 | 5 replies
I am a fan of charging a flat fee. 50% upfront and 50% when the project is complete/operational.
22 March 2024 | 12 replies
I'm not the biggest fan of insurance, but have to recognize they will pay premiums for their clients to stay in homes for 2-6 months as the insurance company gets the home back in order.