
15 March 2024 | 2 replies
Your general pleasure and contentment with your investment might be enhanced by residing in a place that suits your own tastes.The optimal option will ultimately rely on your unique situation and objectives; there is no one-size-fits-all solution.

15 March 2024 | 4 replies
This is better than relying on insurance because it protects your personal assets from liability.

15 March 2024 | 3 replies
While there's no shortage of options out there,as you mentioned, such as PropStream, DealCheck, REI Simpli, and Podio, the aim is to stand out by honing in on what really matters to investors: ROI, value, performance, efficiency, and possibly price.Expanding on what matters as outlined earlier, here are my assumptions regarding what investors might require if I were to launch a product today:User-Friendly Experience: A platform that feels like second nature to real estate investors, with intuitive design and features that make life easier.All-in-One Solutions: A toolbox stacked with everything necessary for successful investing—from finding leads to analyzing deals and managing properties.Seamless Integration: Make workflow smoother by seamlessly connecting with other essential tools and platforms you rely on.Insightful Analytics: Next-level decision-making with advanced analytics and data visualization that help you optimize investment strategies.Now, the challenge lies in the fact that every investor is unique, and the features might be excessive if they don't offer genuine value.

14 March 2024 | 18 replies
Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.

19 March 2024 | 323 replies
Typically, what I'm telling people is this:If you've read the first edition of The Book on Flipping Houses, and if you've done at least one or two deals, you probably won't get enough out of the second edition to make it worth re-reading the whole thing.If you're read the first edition of The Book on Estimating Rehab Costs and you are still relying on price ranges in that book to help you with your pricing, then the second edition is likely going to be worth the cost -- pricing has changed a good bit in the past 6 years and the second edition is updated with pricing gathered from more than 50 successful investors around the country in the past 6 months.Also, the second edition of the Estimating book has sections on how to better complete your inspections for each of the 25 major rehab components, so if you're looking to get better at inspections, that's another reason to purchase the second edition.

15 March 2024 | 43 replies
In any of these situations, as control of the parent company passes from the entrepreneurs who founded the company, to the “professional” managers who will run it, the deal will become worse for businesses relying on the parent company for their survival, with each successive management team taking a further larger bite out of the profits.

13 March 2024 | 11 replies
From there you have the various stages of conversion rates, so if you are relying on ONLY mailers expect something like 0.001% conversion rate of mailer to completed deal, maybe that high.

14 March 2024 | 18 replies
It is always wise to have some additional capital on the sidelines to help advance your projects rather than relying solely on the bank draws but one month is beyond reasonable.

14 March 2024 | 11 replies
You will also be able to negotiate better terms without relying on financing contingencies.

13 March 2024 | 2 replies
.- Moving away from relying solely on gaming to more diversified employment including tech and manufacturing. 4.