Jonathan Greene
Constructive Criticism Will Help You as a New Investor More Than Blind Faith
8 November 2024 | 53 replies
If someone does the work to generate a meaningful question, I wish there was more respect given to those folks.
Robert Cardinal
Introduction to REI
30 October 2024 | 13 replies
What Im looking for with REI.... is to find financial freedom, to build generational wealth, to bring my family together; my brothers, my children, and their children into a business Im not only passionate about, but proud of.
Taoufik Laamari
Recommendation for a good lead generation system
21 October 2024 | 2 replies
Whatever list you generate, you need to get it skip traced (matched to phone numbers).
Savan Adeshra
Why Your Sales🤑 Tactics Are Failing😵 You!
25 October 2024 | 0 replies
Matching their energy is the first step to building trust.🧠 Tap into Their Pain Points: Listen for words like "stuck," "frustrated," "exhausted," "drained."
Cody Holt
How to use equity from my own residence
29 October 2024 | 7 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.
Mathew Fuller
Section 8 BRRRR in Cleveland Metro
30 October 2024 | 10 replies
I currently reside in CO so looking to invest remotely.ThanksHey Matthew, BRRRR investing can rapidly generate profits but I'm gonna be honest, you need people you can trust especially in a place like Cleveland.
Axel Scaggs
Seeking advice on expanding
28 October 2024 | 8 replies
Here’s a rundown of my current situation:- Own an S-Corp (landscaping) generating 70k a year- 160k in available cash funds- Credit score around 720- Zero debt- Own one property valued at 365k, 30% equity- Property is rented by the room generating $400 a month after mortgage and taxes- Additional 590sqft house is being built in rear of property for 60k.
Ryan Siebert
Newbie to Short Term Rentals
23 October 2024 | 9 replies
Short-term rentals can definitely help you build financial freedom while giving you more flexibility, especially if your current business is demanding a lot of your time and energy.
Marcy Pettitt
New to Real Estate Investing - Looking to build cash flow and generational wealth.
21 October 2024 | 12 replies
How much generational wealth will you build ?
Ryan Cleary
$4,500 for 5 Zillow Leads....
28 October 2024 | 23 replies
You have to just commit to doing the lead generation 5-6 days a week (social posts, door knocking, talk to people you know, talk to people you don't know, host open houses for agents in your office, drive for FSBO's, etc) until you have planted so many "seeds" that they result in business.