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23 September 2024 | 6 replies
Home was flipped and I buy the product they sold.
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23 September 2024 | 33 replies
I love it for the guaranteed rent, tenant stability, additional accountability with the housing authority and large demand for Section 8 housing without enough supply.With strong screening, I'm able to find great tenants and Im not owed any rent.Cons you will often hear is that the tenants are harder on your properties (doesnt have to be the case in my experience if you screen really well), the Housing Authority is a pain to deal with (this depends on a couple things - how well run your local PHA is and how good you are at handling process & details) and the extra inspections/red tape make the niche unprofitable (see what I said above about Housing Authorities).Done right, I believe Section 8 is one of the most stable & profitable.
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24 September 2024 | 22 replies
There is a product called “transactional funding” for this purpose.
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23 September 2024 | 6 replies
Biggerpockets recently came out with a book on real estate strategy.You may want to give it a read.State with Strategy by Dave Meyer - https://store.biggerpockets.com/products/start-with-strategy
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26 September 2024 | 17 replies
For a farmer's products to be certified organic, there are all kinds of hoops to jump through.
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22 September 2024 | 7 replies
The best product we use in our business.
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23 September 2024 | 16 replies
Please DM me as I am always baking off REI Software products and giving it a thumbs up/down, or meh.... etc.
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18 September 2024 | 15 replies
DSCR can be a great product.
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21 September 2024 | 7 replies
The product is available but the rate isn't pretty.Happy to connect!
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19 September 2024 | 8 replies
These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.