
9 December 2024 | 38 replies
Both were back when I had a proliferation of 0% balance for 18/24 & 0% transaction fee, and both checks generated a phone call from the credit companies (Bank of America and CitiBank) to ensure they were legitimate.

5 December 2024 | 20 replies
Recognizing red flags early are key to staying profitable.

2 December 2024 | 1 reply
We need to rebuild this area correctly so that it lasts for generations to come.If anyone has any questions about post-storm projects or deals, feel free to reach out.

6 December 2024 | 34 replies
Good product, but the enterprise account was way too expensive, so I switched to Profit Drive from the REI Blackbook guys.

6 December 2024 | 21 replies
I think a lot of people are hoping a mentor/coach/RE guru, will hand hold them and they buy X amount of properties and generate X amount of dollars in rental income and they become "financially free from their W2 job" and wealthy.

30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

26 November 2024 | 10 replies
They sell it to an investor for market rate and make a good profit.4.

30 November 2024 | 2 replies
Here in the Reno, NV market, we scrape rent data weekly, generating a huge amount of information.

2 December 2024 | 2 replies
The marketing isnt that important in my opinion but the professional photo/ video is a huge game changer and I dont believe that someone is going to make much profit at .5% on the listing side.