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20 December 2024 | 28 replies
I definitely wouldn’t get worked up.
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10 December 2024 | 100 replies
To restate, I wonder if it is feasible to pre-qualify prospects financially and criminally before touring.
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12 December 2024 | 6 replies
Definitely not doing the work myself so it sounds like resale value won't be impacted if I have a licensed person fix the issue and provide evidence/documentation that it was done correctly.
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13 December 2024 | 2 replies
I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.
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11 December 2024 | 3 replies
I will definitely look into it.
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12 December 2024 | 7 replies
And if you can, try to avoid racking up more debt on your cards while you’re paying off the loan—it takes some discipline, but it's definitely worth it in the long run!
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12 December 2024 | 7 replies
It seems there are a few other parts of Jacksonville with similar budget range and that could be viable, anything near the beach is definitely out of the question with my budget.
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11 December 2024 | 8 replies
In other words, we are going with something that won't cash flow positive and we're okay with it.There are definitely cabins that will cash flow positive, especially if you get something smaller that is likely under $300K.
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12 December 2024 | 2 replies
I would add that you should definitely checkout some local real estate meetups as that's the best way to quickly build a buyer's list.
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15 December 2024 | 14 replies
Definitely changes the analysis!