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10 December 2024 | 2 replies
An agent's job isn't to invest, it is to get business.
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11 December 2024 | 10 replies
@Nate Jenks - @Andrew Postell did a great job clarifying the big challenge you'd run into pulling cash out with such a low down payment.
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17 December 2024 | 22 replies
I have also purchased using Real Wealth Network, and they do a much better job of vetting the local markets and providers and will stop recommending any providers or vendors if investors are giving poor feedback.
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9 December 2024 | 20 replies
Property value is land + improvements (the structure).
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5 December 2024 | 5 replies
I’d love to get feedback from anyone who has been through a similar process, as I’ve received some conflicting information.Here’s the situation:- My lender mentioned that even though my loan-to-value (LTV) ratio is below 80% due to the renovations (currently at 73%), I can’t request PMI termination based on the property improvements alone, since the renovations were part of the initial HomeStyle loan.
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2 December 2024 | 14 replies
Check on these jobs somehow.5) Google builder and company names with "feeback" or "review" to see what you may find.It's not really easy to do all this.
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10 December 2024 | 1 reply
Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.
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5 December 2024 | 37 replies
You make half a million a year with your W2 job.
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10 December 2024 | 25 replies
I love my W2 job and am not looking for replacement income, but I do want to diversify my investment portfolio in the real estate sector while keeping my focus on what I love and do best -- emergency medicine!
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14 December 2024 | 15 replies
To make the job flow easier, but also (mainly) to protect myself if a customer changed their mind later ( which was common).