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20 February 2025 | 3 replies
Personally, I would never open a Series LLC in the State of Illinois.
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18 February 2025 | 16 replies
Is this really the person with qualifications to provide a review?
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13 February 2025 | 2 replies
I'm willing to help this person in any way I can.
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23 February 2025 | 5 replies
Quote from @Dereck Olson: Hi Nicholas, Just a thought from the possible tenant's perspective, but filling out a prequalification form and/or providing personal information before they have even seen a place and know if they will be interested in living in the property might be a bit too much to ask.
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11 February 2025 | 18 replies
A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.
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17 February 2025 | 6 replies
I have arranged for Servpro to take a look at the property in person to give me a quote for this job.
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21 February 2025 | 8 replies
The one thing it had going for it was actually talking to a person but it’s also costly and takes time to hire and train a team, only for many calls to go nowhere.Lately, as an investor I’ve been using an AI that’s been way more effective than I expected.
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17 February 2025 | 92 replies
In all the years I've dealt with these I have never personally had one gone that road of default.
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23 February 2025 | 12 replies
.$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.
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22 February 2025 | 6 replies
Finally got done building personal credit enough to seek pre-approval (as I have only just turned 21 years old).