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29 May 2024 | 9 replies
Others will reject the idea because you can't produce an income for their office and will likely be a taker, not a maker.My suggestion is to get a job with an established property management company.
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29 May 2024 | 8 replies
You have to buy a property that will produce enough income to mitigae those items.
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29 May 2024 | 3 replies
I even turned off the hot water tank to save money (until my then-girlfriend, now wife, convinced me to turn it back on)—all to use these savings as my launching pad of capital to get into buying income-producing real estate and starting a business.Fast forward to today, the foundational skills and inspiring stories I absorbed from the BP podcast have given me the confidence to take action and believe in myself, significantly advancing my investment career.
28 May 2024 | 6 replies
She has yet to produce any documentation on that after I asked for it multiple times.
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29 May 2024 | 7 replies
FOLLOW THE K.I.S.S method plan (keep it simple and stupid).Find and hire a real estate agent that understands multiple investment strategiesGet pre-approved - see what options you havebased on your pre approved price - identify an area you want to invest in that you can affordLeverage the agent to : bring you properties, assist in pulling comparables (you should know your comparables of the area you are looking in, this is for a second opinion) review and confirm your estimated rental income, assist you with acquiring the property, and have a list of resources you could use; contractors etc.Looks at properties and make offers that work for YOU.Also,Do not pull your IRA money out, leave it there and let it grow - leverage this to meet your lenders reserve requirements.Buy Multi family to holdBuy single family to fix and flip and produce more income to buy more multi families.
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30 May 2024 | 27 replies
But as others @Becca F. pointed out California RE produced more millionaires than anywhere else historically.
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1 June 2024 | 48 replies
Build a successful business producing monthly cash flow using the 4 hour work week methods.In the free podcast and book you'll learn:-Many ways to find buyers for wholesale and retail deals.
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30 May 2024 | 93 replies
It's ability to produce revenue is a direct result of how one utilizes that asset.
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30 May 2024 | 31 replies
We obtained a CPA produced financial statement. 4.
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28 May 2024 | 11 replies
Money for the tax return prep, money for tax questions , money for schedules that need to be produced for the LLC members by the tax Person .