28 June 2019 | 11 replies
I just try to poke holes in peoples' plans so they can see all the ways things might not work out. it's not to be negative, just trying to temper over confidence you're doing the right thing and on track, keep learning and don't be impatient. real estate is very forgiving so a few lousy deals won't leave you in ruin but they can make you broke and miserable LOL
14 July 2019 | 7 replies
At least they help bring my total rental income to a negative number every year.
22 July 2019 | 75 replies
It doesn't help that glyphosate really does work like magic where it's used in the public eye, a solution to clearing residential weeds with minimal proven short and long-term negatives, too, far safer for children and pets than anything else ever used.
3 July 2019 | 11 replies
Instead of being so negative why don't you just ask me for help dude.
11 July 2019 | 10 replies
It is fine running one house slightly negative if you can purchase others that are producing full rent with the mortgage you gained from the first.
1 September 2019 | 16 replies
However, after reading so many negative comments regarding Wholesalers, I'm not sure!
4 September 2019 | 3 replies
You have to be careful about maxing out credit cards as well though as it can negatively affect your credit.
11 September 2019 | 7 replies
My IBC policy is a reserve fund (Fannie Mae requires 6% of unpaid balances if you have enough loans), an escrow account for income taxes, property taxes, and hazard insurance premiums, and a place to set aside allowances for vacancy/repairs/capex.You might watch some Truth Concepts videos on YouTube.
13 September 2019 | 4 replies
Less interested in cash flow (but not NEGATIVE cashflow), more interested in location and having visitors/tenants pay down the mortgage.
9 August 2019 | 4 replies
If they would be cash flow negative pulling the equity out on them I would sell.