15 December 2024 | 7 replies
The legal action is against people who have no intention of closing or no ability to close the purchase tying the property up with the seller believing the buyer will close when in reality the transaction will only close IF the “buyer” finds someone to pay more than he is paying.
15 December 2024 | 5 replies
Since Zillow doesn’t allow live links in messages (even links to articles on their own site), it’s also challenging to direct people to my own website, where integrating a chatbot would be much simpler and more effective.
13 December 2024 | 4 replies
If you can't close fast enough or has too much red tape, then you lose the deal to others.
16 December 2024 | 8 replies
Realistic because I see people do this all the time, but hard because the amount of deals and capital it takes to get to 10 K passive per month is no joke.
17 December 2024 | 42 replies
It appears to have been maxed out and would lead most people to think it was a first position lein due to the amount owed on it.I am in touch with some family members tracking down who is in charge of the estate to make an offer to buy from the estate if it might make sense to avoid the trustee sale/s for them.
13 December 2024 | 5 replies
You'll probably lose a little, but at least you'll be done with them and can start fresh.
13 December 2024 | 13 replies
Many people are drawn to the $80K house that cash flow's $300/month.
13 December 2024 | 32 replies
As your equity grows, you start losing money.
15 December 2024 | 30 replies
Some strategies to lessen the negative cash flow are: house hack and rent out the other unit as a mid-term rental (to traveling professionals or for people temporarily displaced because of insurance reasons like fire) or short-term rental (business or vacation).
13 December 2024 | 10 replies
Some investor say well better to go for 15-30%+ uncapped returns and lose it a minority of the time than to only make 10-13% and lose anyway with this latest black swan event.