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22 January 2025 | 3 replies
There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it.
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30 January 2025 | 8 replies
It creates a space for people to reflect, learn from each other, and even rediscover strategies they’ve forgotten.Revisit the Basics: I love how you mentioned going back to basics.Invitation is open let's have a coffee next Tuesday 7:00 PM at the Squadron Restaurant next to Miami AirportJan 27,2024.
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29 January 2025 | 10 replies
Even if you’re not ready to buy yet, practicing this skill will help you recognize a great deal when the time comes.Feel free to reach out if you’d like to chat more—I’m happy to share what I know or help you connect with others in the field.
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22 January 2025 | 9 replies
Even if you aren't into creative finance, stay away from rough neighborhoods.
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24 January 2025 | 2 replies
But here's the thing: communication within the GP team can make or break a deal.When information doesn’t flow smoothly between team members, it can lead to confusion—and even worse, miscommunication with external parties.
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22 January 2025 | 9 replies
As for meeting local wholesalers, networking at meetups or even online could help you connect with the right people.
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
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22 January 2025 | 12 replies
If you can't even do one, then continue to save judiciously to get your "starter investment capital".
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24 January 2025 | 13 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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23 January 2025 | 6 replies
However, I'm now a licensed REALTOR in the Springs and am looking for a flipping team, or even to work with investors!