
28 November 2024 | 8 replies
Any business can be profitable if done correctly.Look at your own video.

26 November 2024 | 31 replies
These strategies can maximize cash flow, reduce living expenses, and generate potential returns.Good luck!

27 November 2024 | 11 replies
Change in Financial Position: If the financial health of the business has improved (higher revenues or profits), it may be a good time to refinance to leverage that strength for better loan terms.6.

6 December 2024 | 51 replies
For example if you wanted to gift $100k to your child to purchase a business, it may be best to make your child manager, with say a 20% interest, while you and or your spouse maintain a 80% interest. 100% of any net income can still be received by your child as manger, or even for just his 20% interest, as profit allocation need not align with ownership percentage in an LLC.

26 November 2024 | 46 replies
Let's say you make 100k/year gross - you'd need 16-17 properties that pure cashflow (profit) $500/month.

2 December 2024 | 2 replies
@Sebastian Tamburro you're going to get advice/offers from numerous people trying to profit off you - be careful!

1 December 2024 | 3 replies
That's not a "net profit" of $550/month because you haven't accounted for vacancy, maintenance, capex, or other expenses.

3 December 2024 | 7 replies
This helps assess profitability.7.

27 November 2024 | 7 replies
You may run into issues trying to take a HELOC out on an investment property, and even if you can I doubt you'd want to use it for a down payment for a primary because the rates are much higher.What kind of cash flow would you be generating from your multi once you move out?

26 November 2024 | 12 replies
I would forget about growing the portfolio and generational wealth until your husband finds a job and you reduce your credit card debt.Credit card debt has interest rates above 20%, there is a strong case that your rentals are not generating a 20% return.