
19 December 2024 | 5 replies
Also planning to get into REIA Club events in the Dallas area.

18 December 2024 | 4 replies
,Buying, renovating, and selling is a great strategy, but here are a few things to consider:Start with the Numbers: Make sure you know your ARV (After Repair Value) and work backward to calculate your budget, including purchase, renovation, holding, and selling costs.Financing Blindspots: Even if you’re buying in cash, plan for potential delays or overruns in renovation costs.

17 December 2024 | 5 replies
And you should never create entities without having a clear business plan of how such an entity would benefit you.

17 December 2024 | 5 replies
Sometimes, ok frequently with vacant lots, plans don't always pan out.

19 December 2024 | 8 replies
I plan to purchase another Multi-family in the next year or so (sooner if the right one comes along).

20 December 2024 | 19 replies
Definitely not, IMO, Been there and its a waste of time and money and risk unless you have dedicated plan to take advantage of having it.
21 December 2024 | 18 replies
I would say that sounds like a solid plan to me

19 December 2024 | 1 reply
I look forward to hearing from the nominee on his plans to help spur more economic progress in more under-served areas like the ones that I live in, work in, and invest in and hope he will help extend and expand the Opportunity Zone Tax Credits. https://www.jtcgroup.com/insights/opportunity-zones-have-done-what-they-were-created-to-do-will-that-be-enough/https://eig.org/opportunity-zones-research-brief/

17 December 2024 | 0 replies
When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

17 December 2024 | 6 replies
We still owe roughly $900K on a 3% mortgage.We’re planning to retire abroad and are weighing two options:1.Sell the home – I already have a buyer lined up, so this would be a straightforward exit.2.Rent it out long-term (furnished) – While I don’t think the rent will fully cover the mortgage, it might come close.