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4 October 2024 | 11 replies
It took her 8 months to eventually feel comfortable selling, and by that point, she only wanted to work with me because of the rapport we built.A quick 5-minute call every two weeks or so can be a good cadence.
5 October 2024 | 5 replies
My only concern is that the introductory/basic plan has a 5 envelope limit - assuming this is a monthly limitation - and I may have 5+ applicants that are duds before landing on one that I am comfortable with based on screening criteria etc...
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1 October 2024 | 4 replies
It seems like the rate environment has finally crested for sure.
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4 October 2024 | 5 replies
This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?
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3 October 2024 | 14 replies
I also prefer not to use a management company, as I don't want them cutting into my profits.My long-term goal is to generate enough income to live comfortably and eventually build a real estate empire.
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3 October 2024 | 12 replies
I am comfortable for a property upto 200K with 20% down.
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3 October 2024 | 15 replies
Here are a few strategies that might help you:* Traditional Financing* Hard Money Loans / Private Money* PartnershipsUltimately, the right choice will depend on your comfort level and financial situation.
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1 October 2024 | 0 replies
We now hold it as a rental property that cashflows well with a 2.75% interest rate (got lucky with the rate environment at the time of purchase!)
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3 October 2024 | 1 reply
A good rule of thumb is to ensure that the tenant’s income is at least three times the monthly rent to ensure they can comfortably afford it.The process typically starts by collecting a rental application from the tenant that includes personal details, employment information, and rental history.
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3 October 2024 | 8 replies
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