Real Estate, Property & Homes
I watched your episode on the BiggerPocket podcast, it is one of my favorite episodes. Very genuine and informative. Thank you for sharing!
You seem like such a good guy Clayton. Love you on Fox and good to know you're an investor too. I have a radio show on WCBM in Baltimore. Would you be interested in being a guest on the show, assuming your contract with Fox doesn't prohibit you from doing so?
Will private lenders consider financing deals for newbies, or is it better to have at least one deal under your belt before approaching them?
12-15%?! Please tell me that was just a hypothetical number? If you're paying 12-15% to your investors how does that not completely kill your spread?
I am not trying to be a troll here. This is meant as a genuine question. What do you do if everyone you know is worried about paying their next electric bill? People that I know are cab drivers, minus wage retail workers, etc. I'd guess that most of them don't have any money saved up, they are just struggling to make ends meet.
would you recommend buying properties in college towns
Question: Why can't I set up a group trust account and put the private funding into the account instead into the LLC ? The money and properties would be in the trust account that will be protected. Right now i had invested $25k to an investor for rehab project. She had put the money into her group trust account.
Thank you for the information!
Fan of yours on Fox News. Did not know you were in Real Estate. AWESOME!
Are you saying that each investors will be putting a minimum of 50k or are each projects worth 50k?
thank you very much
Do you purchase manufactured or mobile homes?
Can I borrow your rolodex, kind Sir? I'll give it right back. 🙂
Great stuff! I have decided to take action. So I am binge watching your videos.
Do you pay 15% return from monthly cash flow? Or 15% on total amount invested in 1 year?
Good info. May I suggest if we can hear that actual caller on the other line during the conversation. Thanks.
In your example with a minimum $50,000 investment, say you get 3 investors.. are each of them to come up with 50,000? Bringing the money to 150,000?
Seems like when u sit down at the lunch meeting one of the main points of conversation from the lender would be about the "investment"
should i be building relationships with contractors and property management companies as well or would that come later down the line and i should be focusing on private financing first?
Hi Clayton and Natalie, I know you guys have some properties in Michigan. I currently own 2 residential rentals free and clear in Michigan, and I am having trouble finding a local bank or CU that could help with a cash out refi or HELOC. Do you have any lenders you could recommend?
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