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21 January 2025 | 59 replies
What I am trying to better understand is at what pointy that restaurant owner able to either delegate or reposition so he / she doesn’t have to the restaurant every day. do they need to obtain more restaurants or keep offering more to their current customers?
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19 February 2025 | 88 replies
And once a person get's to a certain size of scale, most do NOT get significant personal $ via cash-flow, it's still all about appreciation because most obtain liquid capital via refinance.
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10 February 2025 | 71 replies
I Will be cashing out on more than half of them in January (which all were obtained before the heightened seller's market and covid 19)...
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7 January 2025 | 5 replies
Lastly, I am extremely open to working with investors, or obtaining private funds as well.
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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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3 January 2025 | 2 replies
Make sure any renovations comply with local regulations and obtain the necessary permits if plumbing changes are involved.
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3 January 2025 | 5 replies
The date you are able to take depreciation is when the property is ready for renting (i.e. advertising for rent or obtaining a certificate of occupancy).
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21 January 2025 | 14 replies
This may be because (1) until recently interest rates were trending lower so if the lender is getting a higher rate on subject note than he can obtain on new note there’s no monetary incentive to call the note (2) in the past technology did not exist to identify the property transfers (ten years ago county recording docs were not online) and (3) the lenders rather collect payments than own property.
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7 January 2025 | 13 replies
If you need to obtain it, how difficult will that process be?
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8 January 2025 | 11 replies
The smaller homes can be obtained in nicer areas while demanding higher rents with section 8 compared to the private market.