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Results (10,000+)
Kyle Mason Buying small businesses
28 November 2024 | 8 replies
Any business can be profitable if done correctly.Look at your own video.
Chad Verde $130k Cash what to do?
26 November 2024 | 31 replies
These strategies can maximize cash flow, reduce living expenses, and generate potential returns.Good luck!
Roger Mace Should you refinance a DSCR?
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.
Joe S. What are your thoughts about Prenuptial agreements?
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.
Jonathan Greene Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
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.
Sebastian Tamburro New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
@Sebastian Tamburro you're going to get advice/offers from numerous people trying to profit off you - be careful!
Gerald Wallace Investing for equity
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.
Marquise Bailey-Dillard looking to purchase a single family home
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?
Elia Caputo Mhe best strategy/Mentor
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.