7 February 2025 | 5 replies
The best way to find an agent with the skill sets you’re looking for is to ask for referrals from people you trust or on places like BP.
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5 February 2025 | 10 replies
I didn’t have much money and needed to find a way to get in the game. 10 years later, I’ve got 29 SFR that profit 19k/month (not including things breaking or vacancies).
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30 January 2025 | 19 replies
When you have both, it's very hard to quit and when you find it hard to quit-- it's likely you won't fail.
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22 January 2025 | 4 replies
Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.
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7 February 2025 | 6 replies
We are a not for profit member community that has tons of networking events, educational seminars and vendors to help you in any journey you find yourself attracted to.
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4 February 2025 | 0 replies
Is it mainly a sales pitch or is there good knowledge that you cannot find elsewhere?
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14 January 2025 | 23 replies
It's not illegal provided you're dislosing it to all parties and not trying to actively hid it.
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6 February 2025 | 9 replies
I actually went to a REI meetup yesterday, and I was able to find a lender to help me out.
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25 February 2025 | 4 replies
Talk to a trusted lender (preferably local) about what loan options are available to you.You can absolutely find some solid SFRs or even multi families around, but the cash flow on many will be lower the first few years, unless you are willing to do some value add work or buy in distressed areas with less expectation for future appreciation or price stability.If the goal is to have value down the road to cash in for a pivot, don't forsake appreciation for maximum cash flow.
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13 January 2025 | 16 replies
Two things I remember that probably don't happen today: -First property was a no-doc loan, technically low doc because you still had to provide information but with 30%+ down pretty much anything you wanted was yours.