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19 January 2025 | 2 replies
During this time, I found myself unemployed and having difficulty finding a new job due to not completing my degree or having formal training beyond high school or military.
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28 January 2025 | 15 replies
Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.
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22 January 2025 | 15 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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16 January 2025 | 0 replies
I updated the kitchen with high-end appliances, installed custom cabinetry, and added modern finishes throughout.
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9 February 2025 | 32 replies
It looks a lot like a customized version of High Level, kind of like REI Reply.
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16 January 2025 | 0 replies
By and large, QI's have very high ethical standards, and are sometimes overlooked as the engines of this tax saving tactic.]REPUTATION MARKERS 📊INDUSTRY STANDINGMembership in professional organizationsLeadership roles in FEAEducational contributions to the industryRelationships with major title companiesCLIENT RELATIONSHIPS 👥Testimonials from CPAs and attorneysReferences from title companiesLong-term client relationshipsTransparent fee structuresRELATIONSHIP RED FLAGS 🚩Overly familiar with your realtor/brokerKickback arrangements (illegal!)
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13 January 2025 | 7 replies
I think my fees are high until I shop around and then I am thankful.
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9 January 2025 | 44 replies
This isn't just high risk your talking about Zach, your talking about compounded high risk.
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15 January 2025 | 8 replies
Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.
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15 January 2025 | 8 replies
Purchased a little too high at the buy (I knew it at the time too), does a little better than breaking even on cashflow, and took too long to rehab.