
26 August 2024 | 0 replies
This appreciation was a testament to the thoughtful improvements and strategic management that went into the investment.The Outcome:Today, the property not only stands as a valuable asset but also generates a robust monthly cash flow of $2,500.

29 August 2024 | 5 replies
.- These generally aren't a hold hands and sit in a circle and talk about your feelings environments (at least from my exposure) but generally they are frank, straight forward, and interested in passing along what they've accumulated in knowlege over the years to the next generation, and oftentimes family isn't too interested

28 August 2024 | 0 replies
I recommend ActiveCampaign, but you can also use ClickFunnels, HubSpot, and Salesforce.Offer a lead magnet to attract investors and collect their information.

28 August 2024 | 22 replies
Insurance is going to get more expensive, the government wants to keep people in homes, home equity financing is only growing in popularity, multiple generations are living under the same roof more, and all of those trends are going to lead to changes in how tax law is used and possibly the law itself.

29 August 2024 | 5 replies
For sourcing deals, High Peak Properties is a wholesaler that gets leads in Roseburg/GP/Southern Oregon area.

26 August 2024 | 3 replies
Does it hurt or help generate more housing?

28 August 2024 | 4 replies
Only 10,000 are electric vehicles.EVs are only affordable with heavy subsidies, and even then there is good evidence that they cost more for the user, the environment, and society in general.Just wait until the electric grid collapses.I'm not worried about a grid collapse. lol We lead the country in green energy.

28 August 2024 | 5 replies
Meanwhile, its not unfathomable for the bank who is approving your loans to wonder why this particular borrower feels it's necessary to take such extreme steps to protect themselves...what is it about them or their operation that is leading them to take such extreme measures?

28 August 2024 | 18 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

27 August 2024 | 10 replies
We love putting cash in our pocket and paying little or no tax.On the other hand, you can create situations in your business where you generate positive net income that does not result in cashflow.