1 July 2019 | 9 replies
We frequently see 15%-25% annual COC ROI on the equity growth, but equity is not liquid and can only be accessed by selling or refinancing.
26 June 2019 | 40 replies
Some states may have restrictions on how frequently or how much notice in advance you need to provide when walking a property.
25 June 2019 | 25 replies
Very frequently we learn that the reality of something turns out to be extremely different from how we perceive it to be; I am wondering if the note business is the same.
24 June 2019 | 8 replies
These require documentation, repeat behavior and ultimately a properly service 3 day notice to cure or quit that can, again, be corrected.A few acts that may result in a 3 day notice to quit (non-curable breach of lease) are: the tenant has caused substantial damage to the property, has committed illegal activity, or has subleased the rental in violation of the lease.If your friend's master lease agreement does not allow subleasing and the property owner did not have knowledge of the situation, then the property owner may be able to evict all of the tenants with a 3 day notice to quit (non-curable breach of lease).
21 August 2019 | 8 replies
While its my favorite time of year, the storms can be quite volatile which will require a much more frequent cleaning schedule.
12 November 2020 | 13 replies
The 1% rule where the total monthly rent is equal to 1% of the property purchase value has come up frequently as a useful way to quickly analyse if a property is a sensible investment that may cash flow.
4 June 2020 | 4 replies
That one is expensive and requires a 3 month commitment last time I checked.
10 July 2019 | 33 replies
Best decision I made in college because I enjoyed b school much more than designing computer chips.Hot tip: You want to go meet the kids leading clubs (Finance club, Computer programming club, etc) in these different majors BEFORE committing, and see which group you belong to.
24 June 2019 | 1 reply
I say this to express my motivation and level of commitment to doing my best and really wanting to learn.With all that said, I come here because while I can always go to the Keller Williams and Coldwells of the world, considering I'm starting part time, I believe it may be better for me to start with a broker who has hopefully had some of that big outfit experience, but has a smaller operation so he/she can better nurture me and help me and ultimately their business to develop.
8 July 2019 | 2 replies
After the conference, we had a group of about 20 people committed to do a deal together.One of our guys on the project became the deal maker, and the rest of the team were due diligence.Because there was a lot of hair on the deal with respect to attempts to convert the project from apartments to condos in which paperwork was not done correctly, we were in a strong negotiation position to reduce the purchase price down over a million dollars.