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7 December 2024 | 1 reply
So I think JLL is the main brokerage I should be hoping to work for, but I'm not sure how long JLL will be in this seat with VA.
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11 December 2024 | 11 replies
@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.
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14 December 2024 | 101 replies
Originally posted by @Bartosz Rosol:I attended one of Rich Dad's free seminars a couple years ago, here's what I experienced.The event started out with the main speaker sharing his success stories in RE, and ended with him trying to get us to sign up for the classes.
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4 December 2024 | 4 replies
Quote from @Addy Chupa: When analyzing deals, I usually include a 5% vacancy factor and 5% repair factor based on annual rent.
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8 December 2024 | 19 replies
This is one of the main reasons that HUD deals fail to close.
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13 December 2024 | 16 replies
Here is their webpage: https://www.titanbank.com/about-us As for Solera, yes, the main reason I chose Titan Bank over them is because Solera's webpage didn't have a professional enough look and feel to it compared to Titan Bank.
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7 December 2024 | 3 replies
As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.
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2 December 2024 | 4 replies
They're good to have open access to capital/cash/equity to a property ahead of time so you can execute a deal or purchase when the time comes on a split second decision (versus having to apply to a loan at that time which might take 20-45 days to get approved/closed/etc plus by that time you dont know what your future income/credit/assets will be like in order to qualify anyway).The second use is sleep at night factor and having a reserve of capital in the event an emergency event occurs in life.For these two reasons is why I use lines of credit.
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9 December 2024 | 0 replies
At this point I'm not factor in any vacancy because I have more leads on this property than I have rooms.
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7 December 2024 | 7 replies
The key factor is the amount paid and the nature of the payment, not the payment method.