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I saw a post on Twitter that I had to respond to . . . of course, the response and initial post are priceless, IMO.
First Tweet:
If a home is listed for $25k, assume it's a fixer-upper. No need to email me and ask fo...
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In a recent thread of mine, I posted about a rehab deal I had to wholesale. It was suggested that in my thread, I poured on the "sales pitch" too hard and as such, it was suggested that the lack of responses or people...
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....the lender is telling me I can't make more than 20% in the deal. They know there is a waiver for that but they don't have investors who will buy their loan if they do that. Sooooo, should I:
A) Forget about the...
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Hello Everyone,
I own duplex property in the Austin Tx area. yesterday I have received my first application with a low score. Property has been listed for 15 days. few highlightsperson 1: score 402Accounts Ever Late:...
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Several threads asking about seller financing as the seller, what should you look for or consider as the buyer?
Let's start with a question to the seller, why do you want to be the bank?
Your due diligence about the...
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Warning- This is long-
I just got my taxes back for last year and I am really confused. I have tried to grow my rental business a bit too rapidly and I am trying to figure out how to level this out so it wor...
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The market has changed so much over the last 2 years, I'm finding that posts and other reference points on what's a good deal from a few years ago don't seem accurate anymore. I'm buying turnkey properties from out of...
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I closed on this beauty earlier this month (Dec. 2018) and it has been quite exasperating dealing with the seller and the hard money lender! She's a 3/1, 1,200 sqft home in East Point, GA - a perfect starter home if y...
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What kind of percent would be fair to command for bringing investors to the table for deals?4% first million, 3% next million, 2% next million, 1% thereafter?What duration would you hold those percentages for (to avoi...
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There are 3/1 houses in Alabama that go for 25-35,000 and rent for 550.00 with established renters already in place. So the house is already performing.
The numbers are very good considering the price. This is about...