
30 July 2024 | 19 replies
This is how you can build generational wealth without using your own money.

29 July 2024 | 1 reply
Not sure what new western is, but in general you generate a target list using a tool like propstream and you call it asking if they would accept an offer on the property.

27 July 2024 | 2 replies
Has anyone purchased the latest investing course from Jack Bosch? I'm thinking about buying the course.

29 July 2024 | 2 replies
This allows you to close and begin generating passive income while you are still studying.

29 July 2024 | 1 reply
If you originate a lot of loans I believe the software you use should be able to generate the MCR's for you.

29 July 2024 | 0 replies
These strategies maximized the property's appeal and attracted buyers quickly, highlighting our ability to generate substantial returns with minimal investment.

29 July 2024 | 3 replies
We have $100k cash right now and we’re trying to figure out if it’s worth it to put the cash we have into refinancing Property 2 based on income generated, decreased value, etc.

30 July 2024 | 12 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

29 July 2024 | 13 replies
Whether or not you can generate tax savings out of it is not guaranteed without analyzing your situation.

29 July 2024 | 37 replies
It’s a business based on generating high net cash flow from a property.