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2 November 2024 | 11 replies
I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.
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8 November 2024 | 17 replies
For example FHA guidelines say you can deny an ESA if they cause an undue financial burden, cause a direct threat to the health and safety of others (the letter from the neighbor supports this), or cause substantial physical damage to the property.
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5 November 2024 | 4 replies
Let me know if you have any questions Hey @Connor Thomas, you're learning the #1 lesson of real estate investing, which is to run your financials carefully in advance!
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7 November 2024 | 27 replies
@Connor Thomas see our cut & paste knowledge 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 Class A property in Class D area, what quality of tenant will you get?
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6 November 2024 | 17 replies
If you look at things through a financial lens, follow Nathan's advice.
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4 November 2024 | 34 replies
I will not, under any circumstances, send a copy of the borrower's financials documents to a seller/agent.
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9 November 2024 | 87 replies
Still would wait on refi's too, but good to see the blunt instrument beating the RE market has been put back in the closet.
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5 November 2024 | 29 replies
This is where a lot of people make mistakes and then keep those mistakes going until they decide to outsource it.Also, Tax Accountants can create Profit and Loss Statements but that isn't their specialty and they aren't focused on keeping your financials in order.
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3 November 2024 | 15 replies
The biggest issue I’ve faced is unreliable syncing with financial institutions.
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1 November 2024 | 8 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.