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30 March 2024 | 12 replies
I have had instances where people wanted to stay but it wasn't a no bathroom for days situation.
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30 March 2024 | 9 replies
I purchased a property where there was a verbal lease, month-to-month, 0 security deposit, and the rent was 1/2 of the market rate... some instances you're better off having the seller evict 1st.
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29 March 2024 | 6 replies
For instance, if you expect to get the money back because you found a home-run BRRRR deal, this would make perfect sense.It also depends if your first property is a primary residence.
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28 March 2024 | 16 replies
For instance, the average annual return on the S&P 500 over the past 90 years is about 9.8%, while the dividend yield on whole life policies is typically 5-6%.Opportunity Cost: The premiums for whole life insurance can be significantly higher than those for term life insurance.
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29 March 2024 | 12 replies
Smaller home rehabs will actually cost more per sq ft in most instances because the meat of the budget tends to be kitchens, baths and MEP’s.
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29 March 2024 | 13 replies
If you want to do residential, that is a very different area than commercial for instance.
28 March 2024 | 1 reply
For instance, multi-family turnkey cash flowing acquisitions, fix and flip with bank owned properties, setting up short term rentals, and wholesale properties.
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27 March 2024 | 10 replies
I have never done a land trustWe have a living revocable trust that we set upHonestly I should have done it 15 years ago but did it like 6 years ago.I do not see the need for a land trust unless you are a politician, actor or athlete (someone who is famous).I have done business with multiple billionaires (not bragging but trying to make my point) including several that owned professional sports teams - and even they did not use land trusts…
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28 March 2024 | 0 replies
For instance, residential real estate often sees a more immediate reaction to rate changes than commercial real estate.
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28 March 2024 | 4 replies
Of course renting make sense in many instances, lucky for most of us here!