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9 December 2024 | 5 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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23 December 2024 | 34 replies
To me, that was useful and we moved on to discussing more productive things.
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13 December 2024 | 11 replies
If you’re serious about this endeavor put your current home on Zillow to rent with an occupancy in 90 days before you sign a PA for the next house.There are other lending products that are not as strict but the terms are different.
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17 December 2024 | 29 replies
When the houses were just acquired it usually took me two to four weeks to get a tenant in them though I had some that were rented prior to make-ready and renovations being done, that's happened a couple of times.
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9 December 2024 | 12 replies
I like the product but their policies drowning them down in competition.
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11 December 2024 | 4 replies
The good news is that these properties can indeed be purchased for various investment strategies, including rentals, BRRRR (Buy, Rehab, Rent, Refinance Repeat), or fix-and-flip projects.Purchasing as a Rental or for BRRRR:You can acquire a Freddie Mac home to hold as a rental property or implement the BRRRR strategy.
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11 December 2024 | 1 reply
Anywhere in the world.Purchasing a property in Mexico was a long, yet valuable experience because of what you learn in the process.Now we are acquiring more in Mexico because of the value you can purchase for and the income that can be generated.
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10 December 2024 | 1 reply
Acquire enough RE that it takes you or your spouse more than 750 hours a year and 1/2 of your time to manage.When you are a material participating RE pro all of your and your spouses’ RE activity becomes active, allowing you to offset RE losses against other active income.One pitfall of a RE Pro spouse if you are full-time W-2.
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14 December 2024 | 36 replies
Quote from @Kris Gardner: Sept 1st, 2024 I acquired a duplex in Ohio.
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9 December 2024 | 5 replies
Quote from @Chas Lumley: Hey all,I'm looking to make an offer on my first rental this week and was wanting to get different inputs on LLC vs Umbrella policies.I will be using a conventional loan and I was told by my loan officer that I can not buy the property under an LLC, but I could transfer to an LLC after acquiring.