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22 February 2025 | 4 replies
Purchase price: $65,000 Cash invested: $11,000 Our first investment has been a long time coming.
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8 February 2025 | 12 replies
You could go the house hacking route with buying MFU, etc.It MIGHT be interesting if you are a traveling nurse to turn your house hack into a short term or mid term rental while you are gone.
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9 February 2025 | 4 replies
Each lender will be willing to provide a ballpark rate quote with some simple info such as FICO score, property type, location, term, and desired LTV.
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18 February 2025 | 6 replies
I guess I was in analysis paralysis for a very long time.
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6 February 2025 | 9 replies
Just like the asking price, just because the owner suggests one interest rate or term doesn't mean you can't offer something different.
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31 January 2025 | 42 replies
It's been too long.
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20 February 2025 | 2 replies
I'm not a property casualty agent (was a long time ago - now just life/health).
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10 February 2025 | 0 replies
Wyoming allows "trust decanting": a trustee can modify or change the terms of an irrevocable trust under certain conditions.Please consult your CPA or attorney before creating any trust.
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11 February 2025 | 31 replies
We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.
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11 February 2025 | 6 replies
Quote from @Ryan Raven: You can usually be a property manager without a license as long as you are a direct employee of the owner.