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30 December 2024 | 11 replies
I have some great examples in my book, including my father-in-law who lost tens of thousands from a single mother that he tried to help.Stay at market rates.
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1 January 2025 | 27 replies
All in, it ran me about $2000 (including shipping) and has 18k games.
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28 December 2024 | 1 reply
Purchase price: $110,000 Cash invested: $2,000,000 399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space totaling 7,000 sq.ft.
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27 December 2024 | 93 replies
Hi Jessica,I think there are dozens, myself included, and many who now have construction loans outstanding.
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27 December 2024 | 6 replies
It's a 4 bedroom SFH for $325k, built in 1990 and it's got many upgrades including a 2024 roof.
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3 January 2025 | 19 replies
However, before deciding on a DSCR loan, it’s important to analyze your existing first mortgages—including their rates and the current loan-to-value (LTV).
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27 December 2024 | 8 replies
I know they’re an essential tool for analyzing a property’s financial performance, but I want to ensure I’m approaching them correctly.Could anyone share examples of what a good T-12 looks like or highlight key items I should make sure are always included?
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27 December 2024 | 3 replies
A tidy profit, plus confidence to tackle the next project solo.On the topic of self-directed IRAs: While they’re fantastic for gaining experience and diversifying into real estate over time, they can feel restrictive if your main goal is scaling quickly.Here’s what I’d focus on:Using Equity Wisely: A HELOC or cash-out refinance could unlock funds to pursue a flip or duplex without touching your 401(k).Partnering Smartly: Your realtor friend sounds like a great resource.
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27 December 2024 | 12 replies
This section of the guide helps me to better understand how you can use the www.mysmartmove.com in conjunction with other forms of background checking:The Tenant Credit Report: The tenant credit report will contain a wealth of information related to the tenants credit history, including a detailed list of all the tenant’s open or closed credit cards, car payments, monetary judgements, late payments, and more.
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23 December 2024 | 12 replies
It's a good little loophole for a short-term rental of your home, including renting it to your own separate business.