Account Closed
TREC Seller Financing Addendum
14 September 2018 | 0 replies
Hi everyone, I would like to buy houses to flip via seller financing (assuming they own the property outright)Would anyone mind sharing an example of a seller financing contract?
Hien Dang
what are the normal cost of business mentors?
18 September 2018 | 9 replies
@Frank Wong I don’t mind paying him half of the option fee but to take half monthly for every home I get while under him is hard to swallow.
Brian Erickson
Getting Licensed: Broker, Agent, Realtor? HELP!
28 September 2018 | 3 replies
Since I work a 9 to 5 and she stays at home with the kids (a harder job than mine, mind you) we thought that she would be best suited to go down this road first.Can someone tell me the differences between the three titles [ Agent, Broker, Realtor ] and what training and work practices differ?
Brian Beadle
Do you own your property management company?
24 September 2018 | 17 replies
He/she would still perform the same functions as if the property were managed by a third party company, but instead, the property would be managed by a company he/she owns.
Michael Dorey
What is the best way to find good contractor?
14 September 2018 | 2 replies
I don't mind paying for quality work, but don't wanna go broke either.So any suggestions on how to locate someone would be appreciated.
Bryan Wesley
Yellow letters in canada
20 September 2018 | 25 replies
Account ClosedYes, BC did announce some of their newer regulations - which included the so-called 'speculator levy' - prior to having the data to back the action ... call it "speculative governance" if you might.Now that data is being collected in BC and Ontario (ostensibly for Toronto and the Golden Horseshoe}, we are starting to get a better picture of just "who" the speculators are in those markets and it is seeming as though the "foreign contingent" is not as significant as initial presumed.On your recommendation to explore "Subject To" deals, I should point out that very manner in which mortgage financing functions in Canada, makes "Subject To" deals less attractive and less common.
Mayer M.
Thoughts in general? Architects?
24 September 2018 | 16 replies
Keep in mind you need to get several bids/quotes.
William D Banks II
*Newbie* Creative financing ideas for first deal!
16 September 2018 | 14 replies
Some things i’ve considered:1) Talking to my co-workers lender to see if they would let me assume the mortgage at minimum fees2) Seller financing if that is possible3) Private money loan for repairs then refinance later 4a) Hard Money loan for repairs then refinance later4b) Hard money loan for purchase+repairs (*only if i could not get a conventional loan on the property ref. the roof repairs) then refinance after establishing new tenant+refinance wait time5) .....Something my mind can’t conceptualize.....
Austin Petrie
Analyzing Returns on Properties held for 20+ Years
17 September 2018 | 27 replies
If the properties are in Los Angeles, Exit all of them immediately and let someone overpay in the current LA market, Then purchase an apartment complex at the Institutional grade that will deliver you a couple of million a year in cash flow.When I worked in Private Equity and a new client showed up with over 20 million worth of debt free real estate spread out over 15 or more properties, It always surprised me that consolidation into one asset never came to mind.