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13 October 2024 | 23 replies
Furthermore, you may want to educate yourself on the topic of debt to income (you know the original topic of this post).
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11 October 2024 | 7 replies
I called them out first that 30% is a joke and you cannot give that to investors and secondly cash on cash is not even a metric to be used for notes.Atleast he got to use some of that $10,000 education they probably paid for to post on social media.
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11 October 2024 | 2 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
11 October 2024 | 2 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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10 October 2024 | 8 replies
Regarding bookkeeping/accounting, 100% of the feedback I've gotten from REIs who have tried to have a VA help with their bookkeeping is they had no clue what they were doing and they caused more issues than before they were involved.There are great groups out there such as the "Bookkeepers for Real Estate Investors" Facebook group where VAs can get the education they need to be productive within REI bookkeeping.
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9 October 2024 | 1 reply
I heard about a camp for adults and kids that focuses on financial education.
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9 October 2024 | 28 replies
Educate your guests.
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15 October 2024 | 26 replies
Even from the good ones, the quality of their answer is dependent on the quality of your question (so educate yourself to ask the right questions in the right form...which is what I think @Max Bellino is trying to do here).I don't know if Max can benefit from my notes and diagrams, or if they apply to his situation and plans, but since you mentioned them, here they are - just be advised this is from a lot of sleeping at Holiday Inn Express many years ago so take them with a big grain of salt and don't construe them as legal or tax advice:If you are new to REI you should be primarily concerned with finding good deals and growing your business first.
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9 October 2024 | 1 reply
HOpe this helps...Educate Yourself: Read books and listen to podcasts about wholesaling and flipping.Build Your Network: Connect with other investors and mentors in your area.Create a Business Plan: Outline your goals and strategies to stay focused.Take Action: Start making offers and pursuing deals.Stay Persistent: Keep learning and adapting through challenges.Good luck, and enjoy the journey!
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9 October 2024 | 13 replies
Have you invested time or money into other real estate education or is this your first entry point into the real estate world?