Nicole Purvy

3 tips for Borrowing Fr Friends & Family to Invest in Real Estate. 1-Pay monthly interest-only pmts-yr lender will feel secure 2-Sign a promissory note 3-Borrow the total amt PLUS interest pmts so yr lender is paying their own interest(if you need 20k & pay 10% int, borrow 22k)

2 tips to a manage your #realestate rehab Contractors: 1) add a penalty clause to your contract that says that they have to pay you $100-$200 per day that project deadlines aren’t met. 2) add a lien waiver. This way they can’t put a lien on the prop for payment disagreements

Newbies looking at value add investment props (bandos) can be scary. W/o learning to be a contractor overnight here’s where to look 1-cracks & water damage in ceilings & roofs 2-visible blk mold in basements & bathrms 3-quality of bathrms & kitch. New bathrms are 3-5k,Kitch 7-10k

To properly research a potential investment property in Philly you need: 1)http://atlas.Phila.gov  2)propstream 3)rentometer 4) data.phila. gov/visualizations/li-business-licenses 5) http://li.phila.gov  Otherwise, throw the money out the window

Family portrait. ninakeyesceo @bizmoneypro shiz_z_shiz1 @shizzy2g focusedrei @marcthomasbrown https://www.instagram.com/p/BdW1nQqHKXN/ 

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Podcast episode with @4tunate_nupe @RoyalRealty215 coming soon. @ Better Than Success https://www.instagram.com/p/Bc9tn-ZH5Jo/ 

Our @BetterSuccess #realestate mastermind...tonight we are learning about how to for-see real… https://www.instagram.com/p/Bc8cwZynBr-/ 

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It’s getting hard to find a #realestate deal with so much competition out here. Learn how you… https://www.instagram.com/p/Bc7KViGnw34/ 

Hype af! Watch the whole interview at my bio. @mscat215 @ Better Than Success https://www.instagram.com/p/Bc53KJrnUlH/ 

Hype af! Watch the whole interview at my bio. @mscat215 @ Better Than Success https://www.instagram.com/p/Bc51Pa1nO39/