
11 October 2024 | 2 replies
He found it challenging to get comprehensive info on their historical performance and the underlying assets.

13 October 2024 | 11 replies
The formula for your taxable amount is the difference between your net sale (contract price minus closing costs) and your adjusted cost basis (original purchase price plus capital improvements minus depreciation).

19 October 2024 | 25 replies
In many of the western states, the Feds own 60-80% of the total land.But in answer to the original question, I don't see it helping, we don't need housing where most Fed land is.....
11 October 2024 | 2 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

14 October 2024 | 14 replies
Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.

15 October 2024 | 3 replies
Originally posted by @Sam Peterson:Does anyone have any suggestions for where to find templates for mailers and marketing?

13 October 2024 | 23 replies
The rental income can only be used up to the point that it washes out the monthly PITIA (positive net rent cannot be used as income), or underwriters can perform a cash flow analysis of the business over the last two years.

18 October 2024 | 37 replies
Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

11 October 2024 | 2 replies
It’s not just about managing assets, but people too.Market Reputation – Always perform due diligence and assess the firm’s track record through interviews, property visits, and broker consultations.Choosing a firm with these qualities ensures better management and long-term success.

14 October 2024 | 1 reply
Also, I don't have cash right now as it's tied up in the original purchase, rehab and furnishing the place.To continue to move forward with my vision, what creative financing or investing options are out there?