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2 October 2016 | 11 replies
If your objective is rent it out for the full 5-7 month term then another option is to list in the MLS with an agent or an MLS flat fee service.
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6 October 2016 | 13 replies
I don't have a ton of free time, but I'd be willing to chat with you for 15-30 minutes, and give you all of the tools, scripts, objections, contracts, etc that you'd need to begin your biz.With that said, I've also done the same for about 20-25 other people over the years, and none of them ever came back to me with a deal.No matter what anyone tells you (mainly gurus, information marketers, etc)... this business is not easy.
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23 September 2016 | 7 replies
$22,536 per year in principle and interest.$4,400 per year in taxes (if the county/city doesn't try to bone you on the new sale down the road)$1,700 per year for insurance$4,500 per year repair/capex (assuming 1% of purchase, could be more)$13,500 minimum return expected (15%, preferably more)For me, only knowing the numbers you provided and never seeing the property's units, I would expect it to rent for at least $3,886/month.
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25 October 2016 | 5 replies
My main objective is to establish the first two of many loans and begin building a relationship.
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23 September 2016 | 8 replies
What would you have on your mind as objectives to accomplish while there?
28 December 2016 | 7 replies
Also, 99% of my tenants have no idea what a hard vs soft pull is so that's never been an objection for me, nor has anybody ever said it hurt their score when I ran their credit.
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10 January 2017 | 30 replies
For any questions about scripts, objections, screening, and processes please reach out to me directly.
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13 December 2016 | 3 replies
Stating your general life goals also needs some time to itself because even though I don't have the experience, I've constantly heard other investors in the podcasts and forums telling you to list out specific goals and objectives.
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14 December 2016 | 13 replies
But getting some cash flow, huge interest deductions, huge depreciation deductions, high principle paydown (higher than normal since the downpayment is small), and then appreciation, I am very happy with my decision to use it as a wealth building tool.
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16 December 2016 | 20 replies
Object to any statement about repairs, poor service, whatever.