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16 September 2024 | 35 replies
Most of the content he has posted on IG recently is asset protection and international trusts (trust in the Cook Islands), international bank accounts (in Dubai), etc with videos of his family traveling in different countries.For someone who owns multi-millions in real estate, that makes sense but for 98% of the investors on here, especially new investors, it makes no sense to pay $20,000+ to establish international trusts, holding companies and LLCs for asset protection (from lawsuits) and a tax shelter.
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14 September 2024 | 3 replies
Offers are essential to getting deals.
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14 September 2024 | 19 replies
Please complete this document and return it to me as soon as feasibly possible, for it is essential that I have all of your important information on file and up-to-date.
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14 September 2024 | 32 replies
.- Problem-Solving Skills- Proactive Maintenance- Financial ManagementWhat other qualities do you think are essential for a property manager?
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17 September 2024 | 22 replies
If they collected these documents during underwriting, that means it was likely full doc loan which essentially qualifies based on cash flow with DTI + DSCR.
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14 September 2024 | 6 replies
My current insurance company, who has me in good hands, essentially doubled what I pay on a monthly basis.
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15 September 2024 | 19 replies
One option that might make more since is finding a bitcoin mining operation, because with Starlink, you can essentially set up an operation anywhere, so if you can buy $100/acre land in a sunny climate, Bitcoin Mining generates approximately $.085/kw in electric rate.
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14 September 2024 | 6 replies
Essentially it works out to them gifting us a house - they'll pay the down payment and reimburse us for mortgage costs each month, and when they die the house will be ours (and we will continue making the payments ourselves or sell it).I'm not sure yet how repairs will be funded, but either we or them could cover those costs financially and neither of us are going to be trying to squeeze the other one, so I'm not worried about managing that.
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15 September 2024 | 14 replies
There is now essentially no benefit to obtaining a second home loan over an investment property loan, except for the ability to do 10% down rather than 15% (minimum for investment properties).This info is all related to Conventional mortgage financing.
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13 September 2024 | 9 replies
They give informative reports and include video walkthroughs with every report which is helpful