Hahah! "That plant sounds like a spell from Harry Potter" to "People might think you sell a certain kind of plant...so... To clarify, Paul isn't a drug dealer." 😂 Cracking me up!
This is a very insightful podcast. Also, if Paul can share who your plant wholesaler is/are? I’ve been researching and fear to spend few hundred-thousand on some rare plants, but still unsure of the seller. If you can point me to the right direction please.
No, I just received documents from my mortgage company regarding my FHA loan and it stated if my loan is in good standing after 5 years and my equity is over 20% after 5 years on my loan I can have it dropped off. I'm not sure why, but this is something to look into if you have a FHA loan. Laws and regulations do change annually, so we can't go by what the rules were a year or so ago.
Great interview you three. Thanks Paul for so generously sharing your knowledge and experience. Your future is bright. Your almost 50% jump in equity over just a 1-2 year period in time was crazy.
I am tired of hearing oh, if an agent does not have experience then look for someone else, it is like asking a fresh graduate to have 5 years of experience! Unless you buy with an agent that haven't sold much houses, they will never get to sell many. Plus going to an agent and then leaving them for the agent that had the listing your agent took you to, it is not a good thing to do.
I understand wanting to use an experienced real estate broker/agent that has done deals with investors. However, some of us are new and understand investing can still be of service to investors. I've immersed myself in the investing world well before I was a broker for over 5 years now. My parents were investors and I understand wholesaling, by and holds, flipping, listing properties for short, medium and long-term rentals and sales. So, Biggerpockects please stop lumping every agent/ broker into the same group. I'm hearing alot of work with investors friendly agents who had so many deals a month...There are other unicorn agents who haven't had as many deals because they are new but are trained and skilled to help you. Just ask them what there experience/ training is...😮
