8 April 2017 | 5 replies
@Kenneth Farrell welcome to bigger pockets. one way to help withe your budget is to keep a receipt from every transaction.
11 April 2017 | 22 replies
Now, there are far too many investors piling in and transactional profiteers (agents, flippers, etc.) hyping it up.
5 April 2018 | 1 reply
Also, I prefer the card with points that don't expire and no foreign transaction fees.
12 April 2017 | 5 replies
Once established I left the team for greener pastures as I was generating enough of my own business.Make a point to talk with the brokers at all of your local RE offices and see who offers something that best fits what you want to accomplish.And yes, most will allow free or discounted "personal" transactions.
10 April 2017 | 7 replies
Hi @James Defazio,There are a number of strategies that you can consider, including:Tying up the Replacement Property through a lease option.Finding a way to accelerate the sale of the Relinquished Property.Or, look into structuring a Reverse 1031 Exchange transaction.The Reverse 1031 Exchange transaction would allow you to acquire and close on the purchase of your Replacement Property prior to selling and/or closing on the sale of your Relinquished Property.The challenge is that your equity is trapped in your Relinquished Property, so you must find a way to finance the purchase of your Replacement Property prior to closing on the sale of your Relinquished Property.
14 April 2017 | 5 replies
I think they write it as part of their assignment contract with the seller that any cloud on the title will result in the transaction not going through, which probably helps them guarantee the deposit amount.
11 April 2017 | 4 replies
He is currently listing a property of mine to lease and has done multiple large and small transactions.
10 April 2017 | 4 replies
Broker license is valuable to an investor, much more so than a salesman license.For the dozen property that I bought and a few I sold during the last 5 years, the license is worth about $15-30k per transaction, and totaled about 300k to 500 k, with very little expense.
17 April 2017 | 1 reply
I don't know what state you are in, but presuming it is not one of the states where all real estate transactions require an attorney to close escrow, you should be able to come to an agreed price, pick an Escrow/Title Company and have them handle the transaction.
10 April 2017 | 2 replies
Mortgage amount is an important factor if looking for a subject to transaction or for other reference / negotiating reasons.