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17 December 2024 | 12 replies
I definitely feel that a house hack strategy is an excellent way to start.
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16 December 2024 | 5 replies
Feel free to reach out if you have any questions or would like to connect, and happy hunting!
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16 December 2024 | 8 replies
Feel free to reach out if you have any questions about the refi stage of this BRRRR.
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17 December 2024 | 36 replies
The key rules are as follows:1) Syndicator MUST have significant skin in the game, including 10% of the money raised in the first deal, 8% of the second, and 3% of the third2) The only fees allowed are 5% of revenue for property / asset management, which is enough to put food on the table, but not incentivize people to just buy, buy, buy3) The only compensation is 20% of the profit (less on the first 2 deals)4) Rapid acquisition is not allowed. 5% Is minus all operating cost correct ?
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12 December 2024 | 10 replies
@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.
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14 December 2024 | 6 replies
The call will feel better.
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11 December 2024 | 8 replies
The loans are fixed rate programs, and the additional renovation financing is included into the one loan.
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16 December 2024 | 7 replies
Feel free to reach out and I'll share their information.
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14 December 2024 | 13 replies
Common examples include difficult grading, or an irregular lot orientation.
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14 December 2024 | 2 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.