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26 January 2017 | 0 replies
Initially, I'm planning on wholesaling a few deals in an effort to become more skilled in deal analysis and the closing experience.
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2 February 2017 | 6 replies
@Jacob Eddy Jacob, the only way to get deals for less than what the market will bid it up to, is to find an owner with motivations or incentives that he or she will trade for a lower price.
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26 January 2017 | 7 replies
Get out of debt, cancel cable, trade in an unlimited data cell phone plan for a Wifi based plan from someone like Republic Wireless, Dial your heat back 2 degrees and put a hoody on, dial the AC back this summer,....you get the idea.
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27 January 2017 | 6 replies
What complementary skills do you each bring?
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27 January 2017 | 7 replies
My question is, would it be unlikely for a cash investor to consider my Skills/time/labor to be skin in the deal?
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27 January 2017 | 7 replies
But there must have been an intent to hold for productive use in trade business or for investment.
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27 January 2017 | 3 replies
For example with wholesaling houses the process could be explained in these simple steps:Step 1: Market to motivated sellers Step 2: Sign purchase contract with the seller Step 3: Find cash buyerStep 4: Sign contract with cash buyer for a higher price and collect 2k deposit Step5: Close Transaction via Assignment or Double Closing and Collect your checkThird, learn has much as possible about the 5 skills needed to be a Pro at wholesaling.
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27 January 2017 | 6 replies
The leads are easy to get , it's finding the owner & closing the deal that takes time & skill !!!
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4 February 2017 | 18 replies
If you can learn to measure people through the art of interviewing, you'll learn an invaluable skill.
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27 January 2017 | 4 replies
When an IRA engages in a trade or a business on a regular basis, such as flipping houses, a tax known as UBIT applies.So, a leveraged flip is pretty tax intensive under an IRA.Note that passive earnings such as interest or rent from real property do not have these tax implications.