
5 September 2024 | 2 replies
In fact, there are even financial markets that specifically bet on future levels of the Fed Funds Rate (unsurprisingly called "Fed Funds Futures").These futures correlate very well with certain bond yields which, in turn, correlate very well with mortgage rate movement.

4 September 2024 | 10 replies
My buddy has a 15+ year track record, and we'll be partnering up on this, so I'm looking to leverage my sales skills to bring in new partners.

5 September 2024 | 14 replies
I think it is best with a solo(k) to take it to the next level and work with a professional such as a CPA or your advisor, to ensure that all your transactions are proper and are not considered prohibited.

4 September 2024 | 3 replies
@Greg Scott had some great perspective on when TK may make sense based on our goals, experience level and how involved you want to be with your investment properties.

4 September 2024 | 6 replies
The apps you're referring to are suited for hand-outs and entry level project starting points - not for official purposes - unless they can be imported into actual CAD software and manipulated (".dwg" files).

5 September 2024 | 11 replies
That comes down to the lender's reputation, skill, and willingness to get the deal done.

3 September 2024 | 10 replies
Here's a high level average cash flow calc for a few different property types based on what I'm seeing.Apartment/Condo (2/3 BR, 1/2 Bath):Purchase Price: $350k Mortgage Payment: $1550/monthProperty Taxes: ~$1600/yr or $134/monthMaintenance Fee: $700/monthProperty Insurance: $125/monthUtilities: $300/monthAssume no maintenance/capex reserve since Condo. $140/month vacancy reserve (5%)Rental Income: $2800/monthCash Flow: -$134/moTownhouse:Note: Looking at low price units on the market for < 7 days to possibly get more value / minimize mortgage paymentsPurchase Price: $450kMortgage Payment: $2150/monthProperty Taxes: $1900/yr or $159/moUtilities: $300/monthProperty Insurance: $125/monthMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $500/moRental Income: $3000/monthCash Flow: -$232.64Detached Home - Single UnitPurchase Price: $600kMortgage Payment: $3193Even if I can get $3300-3400/month for a 3-4BR home purchased at $600k, maintenance and reserves will cause it to be negative cash flowDetached Home - Two UnitsPurchase Price: $700kMortgage Payment: $3831Property Taxes: $3500/yr or $292/moUtilities: $300Property Insurance: $125/moMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $860/moCash Flow: -$608.57Are any of my numbers way off?

2 September 2024 | 0 replies
These projects are poised to create numerous jobs in engineering, construction, and maintenance, leveraging skills from the local energy sector.In addition to its environmental impact, this project contributes to the local economy by offering new job opportunities and supporting workforce development through collaborations with the Kern Community College District and the California Renewable Energy Laboratory.Rep.

31 August 2024 | 6 replies
The visionary is full of ideas, has a high level of vision where he or she wants the business to go, maybe sometime loses track of the practical nuts and bolts, and is perhaps not very detailed oriented.The integrator makes it all work.

3 September 2024 | 6 replies
Maybe chat with a financial advisor and have them help you set up an IRA and throw 25k directly into that on a high/medium/low-risk level and watch that slowly grow as a slush fund for further investments.