
20 November 2024 | 37 replies
IMO, only worth it if you have access to enough capital to scale your efforts, though.Can't be compared.To do well in the lending game, in addition to controlling your risk and what others have mentioned, you need...

16 November 2024 | 21 replies
It's not enough that your company serves the real estate industry, your actual duties should be directly related to real estate, as opposed to the typical executive responsibilities. 2.

19 November 2024 | 111 replies
I think if you been in the real estate industry anytime longer than a year you slowly see how many irrational people are within the industry.

18 November 2024 | 14 replies
Given that many tenants will make their car payment before their rent payment, we’ve copied the mortgage industry’s method of debt-to-income (DTI) ratios.

15 November 2024 | 5 replies
It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.My Recommendation: Spreadsheets are usually fine for your first 1-3 properties. 3+ properties, you should use a software.

15 November 2024 | 4 replies
You would have to convince title companies who have a stronghold on the industry to adopt this.2.

15 November 2024 | 1 reply
Sounds like a game-changer, or does it?

18 November 2024 | 13 replies
Of course OBX is 100% vacation destination only being no industry or jobs outside hospitality.

15 November 2024 | 15 replies
Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs, commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?

13 November 2024 | 1 reply
To sell your cannabis-growing container, try listing on cannabis-specific marketplaces like 420 Property or Cannabis Stack, which cater to the industry.