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18 October 2024 | 1 reply
One challenge was keeping the renovation timeline on track, but through strong project management, we finished on time and met our sales goals.
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26 October 2024 | 25 replies
@Oladimeji SonibareI would be very careful offering support as you typically need to be considered a credit counselor in order to do what you’re doing.
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20 October 2024 | 7 replies
In Ohio, I'm not required to say anything at all unless I pull a credit report, then an adverse action notification has to be sent.
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18 October 2024 | 7 replies
I'm hoping some of these EXPENSES will reduce my taxable income for 2024.I know there are rebates and TAX CREDITS for investing in Solar Panels.
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22 October 2024 | 15 replies
In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.
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15 October 2024 | 14 replies
The typical formula is 20-25% down + rental income greater than mortgage payment + good personal credit and PG = DSCR.
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20 October 2024 | 14 replies
- Would you be willing to sell a portion of your stocks to pull out some funds, OR, can you get a line of credit against your stock portfolio?
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13 October 2024 | 4 replies
Both have credit scores of less than 550 and less than 60 % on-time payments.
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16 October 2024 | 6 replies
You can set up a succession plan within the LLC, making it easier for your beneficiaries to take over or distribute your assets as planned.Streamlined Financing: DSCR loans can be more flexible than conventional loans since they focus on the property’s cash flow rather than your personal income or credit.
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20 October 2024 | 9 replies
I've lost track what is being done today for boot camps.