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8 August 2024 | 1 reply
Have a legal advisor or counsel review your documents before signing.These will make your ultimate exit strategy, post Hard Money financing period, much easier when: - preparing & submitting paperwork for individual tax returns - maintaining the note in good stating with consistent payments & digital payment history paper trail - digital and/or easy access to documentation - preparing for a Re-Fi, Conventional financing, payoff, or even Flip/Sale & deed/title reconveyance to remove the Hard Money Lein holider at the end of the note's term
12 August 2024 | 22 replies
@James McGovern yes, it can if you put a lot of time into it and have consistency.
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8 August 2024 | 5 replies
These are all things you need to do some homework on and figure out.In terms of BRR and flipping.Flipping makes you more money now.But BRR gives you the opportunity to invest, recoup your investment, have heavy depreciation tax write offs & build a portfolio which PAYS YOU IN YOUR SLEEP.You only have so much time to work, but the need for housing will consistently increase as our population is outpacing or supply of housing year after year.
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8 August 2024 | 11 replies
To add: you have a historically strong and consistent tourism presence, limited land/STR allowable areas, highly liquid property compared to selling a cabin in the woods, all 9 classes of visitors in the STR sector, and appreciation.
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12 August 2024 | 37 replies
The only thing that’s consistent is that a HUGE percentage of people (99%?)
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7 August 2024 | 8 replies
However, I haven't been consistent with the other hand soaps, dish soap, etc. used as no one has brought it up yet.
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8 August 2024 | 10 replies
I consistently see people with $10-$20k spend most of it on training and being told by these gurus they can make 30-50% returns with their eyes closers only to realize it will take 48 years to make back the cost of the training.
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10 August 2024 | 23 replies
Appreciation has been more consistent (and much more remunerative overall) for me than cash flow. 3.
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7 August 2024 | 8 replies
It's nice to have lofty goals BUT you need consistent income and savings.
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8 August 2024 | 22 replies
Techvestor is one of my clients, and I've worked with them consistently from infancy (Autumn 2021) to present.