
5 January 2025 | 17 replies
That data would be sales price after remodel (the true numbers some agents really don't have the experience to be comping the property), the days on market you will experience (this is great info because you want to recycle the money quickly), and resources to sell the place fast not slowly which you do not want this because this could put your holding costs extremely high and push the property to little profit or no profit.

12 January 2025 | 20 replies
They usually have a step down on that penalty like 3% year one, 2% year two, 1% year three and so on and so forth.So if you are buying a deal with the intention of rapidly increasing it's value in less than 24 months in order to refinance it and pull your cash out, you might want to go with a credit union for the acquisition financing because FCUs are barred from charging pre payment penalties.I could talk about this for hours about all the nuances but my fingers don't type that fast lol

2 January 2025 | 1 reply
It can be fast, not have to pay a real estate agent, no inspection, no appraisal.

3 January 2025 | 12 replies
You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids.

5 January 2025 | 5 replies
Leveraging a property in todays environment of high interest rates will not get you cash flowing.

8 January 2025 | 4 replies
Two things are certain, 1) taxes are lower today than they've ever been in the past 80 years. 2) they are certain to be higher in the future.We should all be focused on paying the lowest “lifetime tax bill” not the “lowest tax bill this year”.By paying 20% and settling up my long-term capital gains is not a bad deal.

12 January 2025 | 23 replies
It is hard to really implement the “fail forward and fast” type of mentality, but when you do, you are off to the races.

14 January 2025 | 17 replies
Today, it is 24 degrees and wind chill, and it tends to be colder in the park and cold mist freezes certain areas of it to the point that they're closed for the season as well.

31 December 2024 | 6 replies
I noticed Q4 to be better but still not a fast moving market.

4 January 2025 | 25 replies
Today Bitcoin is about $93,000, can you buy it today for a 35% discount or $60,450?