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21 February 2025 | 4 replies
Any brokerage can be the right fit for you so long as you commit to taking initiative and putting in the work.By 'work', I mean income-producing activities (lead generation and follow-up) i.e. cold calling, door-knocking, contacting your sphere of influence, networking, hosting open houses, running online advertising, marketing (paper or online), or anything else that will get you in front of prospective clients.My first broker rarely answered my phone calls and by the time she responded, I'd often already have the answer I was looking for.
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19 February 2025 | 7 replies
My overall goal is have passive income while I am able to travel the world at ease.
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20 February 2025 | 4 replies
The lease would establish income, which can be used for loan qualification purposes.
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4 February 2025 | 1 reply
I recommend you do this annually to adjust for utility increases and other variables.
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29 January 2025 | 12 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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14 February 2025 | 8 replies
Giving up $100k+,in tax free income.
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23 February 2025 | 5 replies
Save that down payment money you mentioned or go for a multi family at a higher price than the single but have rental income.
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14 February 2025 | 4 replies
That will give you income to invest.
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22 February 2025 | 5 replies
@Brenden Sperl - Can you clarify you rental income?
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21 February 2025 | 27 replies
Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.