
6 December 2024 | 34 replies
Good product, but the enterprise account was way too expensive, so I switched to Profit Drive from the REI Blackbook guys.

9 December 2024 | 20 replies
Anyone who has ever tried selling a successful (profitable) business will tell you it's not that easy!

3 December 2024 | 16 replies
Mark my words though the 2020-decade will be as transformational, transitional, and pivotal as the 1940s.Bottom line--appreciation is where the money is made, consider cash flow a defensive play and way end of the chain of the reasons to invest in physical RE.

3 December 2024 | 21 replies
Leases should match the loan ownership—use your personal name until properties are transitioned into an LLC.

30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

3 December 2024 | 3 replies
I did just this, and in 4 years sold it for a $200k profit and that’s how I bought my home and build an ADU conversion.

2 December 2024 | 2 replies
The marketing isnt that important in my opinion but the professional photo/ video is a huge game changer and I dont believe that someone is going to make much profit at .5% on the listing side.

4 December 2024 | 8 replies
The new property has to perform enough better than what you have to pay the higher interest rate on the higher balance, AND ADDITIONAL profit just to payback the $65k you lost selling.

3 December 2024 | 14 replies
You being a “partner” and then paying the “profit” to the builder makes no sense.