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24 November 2024 | 3 replies
Quote from @Evan Arkell: I am 20 years old and ready and willing to work and reach financial freedom!!
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26 November 2024 | 2 replies
.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
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27 November 2024 | 15 replies
Dont trust anyone’s financial projections. Â
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26 November 2024 | 86 replies
See this is what I have been warning people of in MFH, and talking with many about, that there is these ticking bombs out there of operators who never really were professionals, and it was a disaster in process.Â
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20 November 2024 | 5 replies
And thanks for NOT canceling your plans due to the disaster we've suffered lately.
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26 November 2024 | 2 replies
I'm located near Great Falls in central Montana.I have been self-employed for about 4 years and love what I do, so my goal is to build total wealth long-term, not to maximize cash flow for FIRE/financial freedom in the near-term.
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26 November 2024 | 17 replies
You have a strong financial foundation so you will be OK.
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27 November 2024 | 16 replies
Ensure you have an emergency fund for vacancies or repairs and verify market trends to confirm the investment supports your long-term financial plan.This post does not create a CPA-Client relationship.
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2 December 2024 | 35 replies
I also lived in NV and TX for some time, and would prefer that climate, but need to make sure the financials make sense there.Â
25 November 2024 | 1 reply
They're unlikely to do that unless you can prove financial viability on your own.Â