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17 December 2024 | 6 replies
Any tips on targeted marketing, effective lead generation, or even some "outside-the-box" tactics?
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17 December 2024 | 6 replies
Your 3% rate likely helps you with cheap debt and without the need to chase high that normal rental rates.
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14 December 2024 | 101 replies
And like someone said, they try to lead you to believe that Robert will be there, but I knew for sure he wasn't gonna be there.Nowadays, other people are doing the same exact thing with other big names, such as Daymond John for Shark Take.
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19 December 2024 | 8 replies
I used a LOC to build a 12 site RV park in a small town, opened it up and 1.5 mnths later, I'm full occupancy and servicing the debt (some of it at 8.75%) & cash flowing.
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13 December 2024 | 7 replies
The didn't live within their means, accrued a lot of debt, and it eventually resulted in them not paying rent and being evicted.Consolidating debt reduces their payments so they have more money available, but it doesn't automatically teach them to live within their means.
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18 December 2024 | 12 replies
Closing Costs – Remember to factor in refi fees and how long you plan to hold the property to determine if refinancing will save you money overall.Since you mentioned owning the property for only a year, your equity might still be limited, impacting your options or leading to higher costs.
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17 December 2024 | 36 replies
Since I’ve been syndicating real estate debt and a few equity deals for 25 years, I’ve made it my business to maintain a constant “overview” of the “product” being offered.
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15 December 2024 | 3 replies
You can refinance it into a conventional loan and that helps avoid the higher down payment.FHA also offers more wiggle room when it comes to DTI debt to income ratios and reserves requirements.
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14 December 2024 | 2 replies
For me I have 3 main goals I am shooting for:1) Pay back the debt I acquired purchasing rentals this year.
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17 December 2024 | 11 replies
If you do you may run the risk of piercing the corporate veil of your LLCs making you personally liable for business debts.