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11 February 2025 | 25 replies
We are used to having full reports within minutes and there are random applications in RentVine that get stuck waiting for up to five days.
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12 February 2025 | 23 replies
Lenders will want to know if the property is generating income and if it qualifies for a DSCR loan or traditional financing.
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28 January 2025 | 9 replies
That’s why I was shocked to see it’s only generating half of what the maximum rent is.
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17 January 2025 | 3 replies
Just know that it is a "no days off" kind of business and very mechanical.I would suggest documenting your process via video so that eventually you can bring people on to replace the different hats you will be wearing.Keep in mind of these 5 components of any wholesale business.lead generation, deal sourcing, underwriting, marketing, transaction coordination.
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26 January 2025 | 2 replies
3) How flexible is the contractor about meeting at the property for their inspection to generate a bid?
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18 January 2025 | 5 replies
If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.
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27 January 2025 | 4 replies
In the unlikely event that you are the exception that proves the rule, the rare 18 year old who can actually generate a serious income by wholesaling real estate, your day to day will look like the following: - You will door knock, cold call, send mailers, and otherwise create lists of people who are in the most desperate moments of their lives.
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21 January 2025 | 13 replies
I think it is by far the quickest way to generate wealth.
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16 January 2025 | 1 reply
A $500k property should produce gross annual income of +/- $50K but can generate as much as $65-70k with the right location and amenities like a hot tub.
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22 January 2025 | 9 replies
@Nicholas A.House Hacking a primary residence is the best way to generate wealth.