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15 October 2024 | 34 replies
When I fired everyone, it was because I was doing the majority of the business and with low inventory and poor work ethic, it didn't make sense to run a team when I was the rainmaker and dealmaker.
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16 October 2024 | 22 replies
Two good books to read since you're just starting out - Rich Dad Poor Dad by Robert Kiyosaki and How to Invest in Real Estate by Brandon Turner and Joshua Dorkin.You'll need to attend and network at real estate meetups to meet people that are already doing what you're trying to do where you're at.
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13 October 2024 | 4 replies
How can the other partner replace them if they perform poorly?
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16 October 2024 | 10 replies
My mom has poor credit and about $30k in revolving debt, so it would be difficult for her to qualify alone.We would both prefer to hold the property, but the risk of tight cash reserves is concerning, especially if the rehab costs exceed our budget.Legal ConsiderationsIf we decide to proceed, we’re also weighing how to best structure this deal:LLC and DSCR: Would it be better to put both of us into an LLC and use it to apply for a DSCR loan?
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11 October 2024 | 3 replies
Somalia has over 40 million livestock and almost zero feed pellet production.
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18 October 2024 | 29 replies
But I don't think there's anything wrong in providing context or clarity to a poor review.
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16 October 2024 | 16 replies
Reason being - conventional financing is way more favorable compare to FHA when it comes to competing offers.Fannie/Freddie is offering a 5% down conventional loan product on owner occupied small multifamily properties as of Nov 2023.
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15 October 2024 | 21 replies
Stellar, I've been Army for a few years now and the VA loan is the best loan product available to buy a home.
18 October 2024 | 34 replies
Every Wall Street guy will tell you emotions make for poor decisions.
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13 October 2024 | 8 replies
Renting to your mother would make it an investment property and eligible for a 1031 exchange.There is no statutory requirement for income production to make a property eligible for a 1031 exchange.