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20 January 2025 | 6 replies
-22 years old-$50,000 pre tax income from business this year-80k in savings-30k in investments-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms.
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23 January 2025 | 0 replies
And even if I do not get into the renting business I can make some profit if I decide to sell the property at some point.
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9 January 2025 | 2 replies
Hi friends! I have a LTR property in the Springs and it's in an LLC. Do you know if I am able to get a HELOC on the property even though it's under an LLC? If so, how did you go about finding a lender?
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4 February 2025 | 11 replies
For structuring your business, consider whether you actually need an LLC or if umbrella insurance might be a simpler alternative.
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24 January 2025 | 0 replies
Some go out of business.
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23 January 2025 | 15 replies
I have sold a couple of businesses as well, and speaking from experience, you are never more vulnerable to make a mistake than when you are sitting on a giant pile of cash.Also, I agree with @Corey Conklin - I'm a big fan of "overflow cities/towns" in the sun belt.
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20 January 2025 | 0 replies
To support my seller and seize a valuable opportunity, my business partner and I decided to purchase the property ourselves.
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23 January 2025 | 16 replies
I am glad to be doing business with his company.
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28 January 2025 | 8 replies
I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?