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10 October 2024 | 16 replies
Options1) I have some cash buyers who are ready to acquire the property under the as-is condition2) Make basic updates to pass U&O, rent it for two years, and refinance it after to take out my investment and profit. 3) Make an update to get the maximum value from the property (Bought at $126K, as-is value $165K, and updated value $265K)The challenge that I am facing is to make the title clean faster without waiting two years so that I can take my investment out and put it into the next foreclosures.
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9 October 2024 | 10 replies
They cut operations staff down to bare-bones, cancelled over 1,000 listings with no notice, and moved entirely to a revenue-share model (which is why they eliminated those 1,000 listings, as they were non-revenue share).
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9 October 2024 | 1 reply
Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!
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8 October 2024 | 22 replies
Doesn't seem so crazy when you now have to face that you behind the scenes are acting as inconsistent as they have been to your face.
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14 October 2024 | 37 replies
The only arguments I've genuinely faced against it it are:1) Are you investing the difference.
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21 October 2024 | 176 replies
When we OWN the harsh reality, stare it dead in the face, then and only then can we get serious at the task of SOLUTIONS, of changing the vectoring.
10 October 2024 | 0 replies
And let’s face it: Finding the best investment opportunities and managing properties is time-consuming.
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20 October 2024 | 147 replies
That is understandable and makes senseThat is literally exactly what I said.If you think "earning it" is posting a response to a person in an online forum where they know nothing about you as an agent and you barely told them anything about the area, you are more out of touch with reality than I expected.
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7 October 2024 | 4 replies
Hey Raghul,This is a classic debate every investor faces at some point.
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7 October 2024 | 6 replies
While they often come with higher interest rates, they can be a quick way to secure funding based on the property's value.Peer-to-Peer Lending Platforms: Exploring P2P lending options might connect you with lenders willing to fund real estate investments.I once knew an investor who faced a similar challenge and successfully used a combination of a bridge loan and seller financing to close the deal.