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8 December 2024 | 0 replies
When you work a 9-5 job, you typically rely on colleagues assigned to you.As an investor, you have the OPPORTUNITY to assemble your dream team of professionals who share your ambition and can help you achieve your financial goals.
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9 December 2024 | 9 replies
I have the opportunity to list sell multiple acres of virgin waterfront property in Trinidad and Tobago.So I'm looking for potential investors as well.Which islands do your company typically operate?
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7 December 2024 | 7 replies
The numbers are a little different ($50k down, 5% interest, property taxes $5k/yr) but the result is essentially the same.
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10 December 2024 | 22 replies
It’s possible but honestly, there is no benefit to doing a portfolio unless you have too, typically LTV’s are lower and rates are higher.Many pros to doing them separately rather than bundled.
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10 December 2024 | 7 replies
The lack of communication is typical in this business and a reason why we opened and have done well.
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11 December 2024 | 25 replies
"Cross selling" is _________________:a) When you go to your sales job wearing clothes more typically worn by the opposite gender.b) Just like it sounds: literally selling crucifixes. c) A strategy wherein a business strives to encourage existing customers to purchase adjacent products complementary to an item that the customer has already bought in a prior transaction, or is currently on the verge of purchasing.d) All of the above.
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10 December 2024 | 11 replies
What kind of property and neighborhoods do you typically go for?
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2 December 2024 | 2 replies
Of course, many investors bend/break this rule, but that's another risk.2) If your bid wins the foreclosure auction, you then have to deal with getting rid of any occupants - who may steal/damage everything they can in retaliation:(3) You MUST have a great crew on the ground that can minimize surprises - not easy to do on your first deal.Regardless if you buy a foreclosure or other property, read our copy & paste advice below:-----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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12 December 2024 | 10 replies
Since flips are typically treated as dealer properties, profits are taxed as ordinary income.Please make sure your entire structure is properly analyzed for you to save most amount of taxes.
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2 December 2024 | 6 replies
You typically don't want to split up construction and engineering services/planning here, but we did this to let us see how well we work with the firm.It's probable, if we work well together, they will also be our GC.