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13 September 2021 | 11 replies
They would be better off putting their money in a pot and lighting it on fire.If you are buying quick and sight-unseen to beat the rush, you are buying for the wrong reasons.
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11 September 2021 | 12 replies
@Ryan Howard welcome...doing some more research on your desired path should shed some light on the environment you're working in...I would caution noting that you do not have capital, but want to wholesale to raise capital...you're essentially admitting you are trying to broker real estate without a license...you will hear lots of opinions on this, but the bottom line is if you have no intent to close on a contract you enter into, you're engaging in unlicensed activity and subject to $1,000/day fines.I'm not saying don't wholesale...I am saying do your homework so you don't end up in a tight situation.Taking time to explore every option in RE investing is not a good approach...I can save you years of heartache and you'll be wealthy much faster by sticking to fundamentals...long-term buy and hold real estate is the only path you need to go down.
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2 October 2021 | 26 replies
One, towns that have out-right banned STR in the city limits have pushed people wanting STRs to the county zoning area which traditionally are less regulated and never thought STRs would be an issue.
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11 September 2021 | 12 replies
Just for discussion purposes.I picked this pic off the internet.It looks like a lot of "Hoarder Houses" decor style.Busy carpet, busy furniture, paneling, faux rocks on the walls, flat paint.I can smell the cigarette smoke just looking at the picture.But I wonder if you owned this place, as either a flip or a rental, or AirBnB, would you rip everything out and paint it all grey and modern.Or do you think pic 2 is acceptable and cheap (quick) way to do it.Tear it out to the studs, or just light cosmetic changes, or something completely different?
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23 September 2021 | 11 replies
He does cover all the traditional education sections one would expect, but it was the practical suggestions throughout the book that resonated most with me.
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19 September 2021 | 10 replies
You only need to invest your money in the syndication and that's it.You will need to spend time to get to know the sponsor, but once you find one to invest with, there's little work on your end.In many ways, a syndication is a better return on your investment than a traditional partnership.
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13 September 2021 | 0 replies
Although many lenders do not offer this type of loan, those that do are a great option for real estate investors who are unable to provide the stricter guidelines of a traditional loan.The relationship between the borrower and the lender is based on the idea that the borrower will be able to afford and be able to pay the loan payments.
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16 September 2021 | 5 replies
The other part we want to rezone to industrial/light industrial.
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13 September 2021 | 2 replies
Partner Up- Find a partner that can qualify for traditional financing.
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13 September 2021 | 2 replies
We drew a hard line and gave him 48 hours or Option 3 woudl be where we are going.The question is . . . does anyone have any suggestions on where he can get the money to buy it back in light of him having a foreclosure against him?