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23 October 2015 | 4 replies
As others have mentioned, a commercial lender will have no problem loaning to joe six pack as long as the property produces sufficient cash flow to support the debt.
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22 October 2015 | 5 replies
Occasionally we have workshops on Saturdays, and we also have open web conferences during lunchtime at least once per month.
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22 October 2015 | 3 replies
But I think it's still a good place to start and include in any research.After reading through their web site they seem to be reputable but only references and talking to them will let you know if you want to work with them.I'd be interested myself after reviewing their information.
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23 October 2015 | 8 replies
So working with hard/private money can, at times, produce just as fast a closing as a cash purchase.
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22 October 2015 | 10 replies
Hey guys, wanted some second thoughts on this.My direct mail produced a call from a woman wanting to sell an absentee property of hers.
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24 October 2015 | 6 replies
The IRS generally wants businesses who are producing inventory (flipping is producing inventory and holding that inventory for sale through the ordinary course of your business) to use the accrual method of accounting.
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31 July 2016 | 26 replies
At that point we bowed out of the program.When the tenants moved out (with no written notice of course..and no rent for that month) they claimed no damages, ignoring the 24 bags of garbage, the three broken appliances, the broken furniture and the unplugged but still half filled chest freezer (gag) of food they left behind (poor people tend to save EVERYTHING even broken stuff).The irony of these poor folks with their adult daughters who appeared to produce children with anyone they dated and no one seemed to question six grand children with six different last names is that mom and dad were supposedly very active in their church.
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25 July 2018 | 14 replies
Other factors play into this of course, but when I can buy something for $4,000 that will produce a $200 month cash flow for me, basically for the next 20-30 years, I will buy that every time.
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25 October 2015 | 15 replies
They have a web site with the guide lines.
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31 October 2015 | 21 replies
Buy the featured listing package on realtor.com and take 36 pictures of every listing and do a virtual tour so they come up first on every web site.