Grant Shipman
7 Steps to Choose Your Property Type: Niche 2 Get Rich & Super-Niche 2 Get SuperRich
27 January 2025 | 0 replies
I’ve put together 7 steps to help you decide, stay focused, and get that much closer to achieving your financial goals.
Gabriel Peryam
Excited to Join the Community!
27 January 2025 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Kyle Deboer
Raising Down Payment Money
29 January 2025 | 25 replies
By the time you are 35 you could be financially independent and wealthy.Too many Americans, particularly young Americans, want everything now.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
19 January 2025 | 47 replies
It might take a large financial institution with capital for “brainpower” and marketing, and financial and reputation strength to design as well as create a trading market for this type of security.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Bob Lachance
The Challenges New Realtors and Investors Face and How to Overcome Them
28 January 2025 | 0 replies
New agents may struggle with periods of no income while waiting for deals to close.Solution: Budget wisely, build a financial cushion, and prepare for slow months.
Augusta Owens
I desire to learn by doing.
29 January 2025 | 2 replies
If you have a business you can grow and get financially rewarded that is higher priority then leaving that.
Hector Lewis
Sell or Continuing Renting out Single Family Home
29 January 2025 | 5 replies
@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.
Kyle Shipley
New and eager to learn how to start and scale a RE portfolio
22 January 2025 | 5 replies
I am a 37 year old high school basketball coach that is not very happy with where I am financially and am seeking a way out of living paycheck to paycheck.
Franklin Marquette
Hello from LA - Brand New and Eager to Learn
23 January 2025 | 8 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.