
9 January 2025 | 12 replies
Figure out how to actually analyze property and practice.

6 January 2025 | 77 replies
I am actually starting a Reverse Trolling Coaching Coaching program, and I am just Reverse Reverse Reverse Trolling right now.

4 January 2025 | 5 replies
I applied for a HELOC and when they ran the title it came up that the 8k grant is actually a second "soft" lien against my property that will go away after 5 years which prevents this bank from allowing me to have a HELOC.

7 January 2025 | 6 replies
Be sure to actually contact the landlord for verification—fake references are more common than you’d think.In-Person Meeting: Meeting potential roommates in person is a great way to get a feel for compatibility.

7 January 2025 | 13 replies
Check your local laws to see when rent is actually late.

6 January 2025 | 2 replies
Hi Katie, I’ve actually been thinking about exploring smaller acquisitions like duplexes, triplexes, or quadplexes as a starting point.

4 January 2025 | 2 replies
I'm actually just interested in wholesaling at the moment.

6 January 2025 | 25 replies
It's people like you who cause folks who would actually benefit from an ESA to be painted with the same broad scammer brush.

10 January 2025 | 14 replies
Refi after construction.These numbers consider only the portion of costs of the HEL attributable to the land purchase, not the payoff of the HELOC (which we took out to buy the Seaside condo).Cash In: $66,166 (Cash, 1 year of debt service of HEL, debt service of const. loan, furnishing)Amount Financed: $548,000 (home equity loan + construction loan + closing costs)Total Cost of build: $614,166ARV: $850,000 (or rather "after construction value")Refi $637,500 (75% of value + closing costs) Cash Out $89,500New payment $4500/month (54,000/year)Estimated Cash Flow (pre-tax numbers, so actual mileage may vary)airBNB year 1: $70,000 (net income $16,000)airBNB year 2: $100,000 (net income $46,000)airBNB year3+: $120,000 (net income $66,000)ROI (construction year): 0ROI Year 1 of STR: 24.2% ROI Year 2 of STR: 69.5% ROI Year 3+ of STR: 99.7% Did I calculate these ROI numbers right?

5 January 2025 | 1 reply
Without actually building the 3rd unit, would this new triplex eligibility increase my property's value?