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16 December 2024 | 1 reply
. $100 million equity & debt managed.
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16 December 2024 | 13 replies
A strong buyers market indicates sellers price cutting and listings being bought under value which would lead to equity losses.
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13 December 2024 | 13 replies
And after observing @Benjamin Aaker in action I love how he manages his debt.
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20 December 2024 | 8 replies
You don't necessarily need to replace it with exactly $140k in debt, as long as the total purchase price meets or exceeds your sale price and all the proceeds are reinvested.Using Proceeds as a Down PaymentYes, your $300k could absolutely serve as a down payment on a larger property, like a $1.5M asset, depending on your financing.
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19 December 2024 | 5 replies
I want to place a lien on my Ohio home (that is owned by my single-member OH LLC) with my WY LLC (or could use TX LLX) as the lienholder, so it shows debt and strips the equity.
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17 December 2024 | 2 replies
The “Big deals” are…You have to buy something you don’t already own, not pay off debt, renovate a home you own, or build on land you already own.You have to spend all the “cash” you receive.You have spend more than your net selling price.You can never receive or have control of the cash, you need a QI PRIOR to selling.
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17 December 2024 | 17 replies
Here is a list of potential options:Trello/Asana/Zoho Projects/Freedcamp/Basecamp/Workfront/Monday.com/Jira/etc,etc,etc,etc,etc - General project management software that includes tasks, Gantt scheduling, calendars, project forums, document storage & team collaboration toolsTeamGantt/Gantter/MS Project - Gantt Scheduling Softwares for creating Gantt Charts & Timelines, & managing tasks.Podio - Customizable system that allows you to build workflows, track tasks, track leads, etc.Smartsheet/AirTable - Provide spreadsheet style platforms with additional functionalities for uploading documents/images, assigning tasks, calendar, images, etcOffice 365/Google Sheets Spreadsheets - Believe it or not, a lot of successful flippers still manage their entire business in Microsoft Excel or Google Sheets.
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24 December 2024 | 23 replies
I would interview several different lead sponsors to see which ones are a good fit for you.
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20 December 2024 | 18 replies
I would recommend for you to list it now and see what kind of leads you will get.
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19 December 2024 | 6 replies
But that extra $7200/year will go a long way in paying down your loan faster, build up another downpayment fund, pay off other debt, etc.