Thomas Loyola
Are my assumptions reasonable?
26 November 2024 | 5 replies
I've seen investors allocate 5-10% for capital expenditures (capex) and vacancy, but you won't have a clear understanding until you've owned the property for a few years and established a track record.
Erich Oertel
What cities are still great to invest in
6 December 2024 | 45 replies
For illustration purposes, the investor with engineering and/or construction background may excel building in a market where there is ease in doing business and can build efficiently whereas the doctor may have greater success in the established market where significant barriers already exist but can afford the entry price and can ride the waive of continued appreciation and offset their high salary by depreciating the expensive building they acquired.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
I "signed up" for the class just to see the entire process, but I delayed my deposit and any other funds for a few days to figure out all of their angles.I picked up on a few things myself:1) The Fortune 500 cover and article that our mentor "Jason" mentioned on Day 1 was to establish his credibility.
Jason Dumbaugh
Sell or Rent primary residence?
20 November 2024 | 12 replies
Renting and eating the loss is a gamble on future rent increases, but the market and high costs might not make it worth the stress.
Mic Salvador
New Here :)
30 November 2024 | 16 replies
Instead, I recommend starting with turnkey properties while you build your local team and establish your boots on the ground.
Qwee Parker
Student loans factored into DTI?
24 November 2024 | 2 replies
If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
Sometimes these types of deals require that you purchase a software to help search for lots,so we'll see.Most of the time,established people in industry are not going to come online and scam people,why would they ruin their own business in the offline arena?
Deepak Sukhija
Need Advice- Multifamily 22 units apartment building
27 November 2024 | 9 replies
First of all they need to trust you and you need to have an established relationship in accordance with the 506b rules.
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
Establish an operating agreement for each LLC.
Mija Aguilera
Fix & Flip in proximity to Washington D.C.
23 November 2024 | 0 replies
The area is a mix of established homes and updated properties, making it a prime spot for a fix-and-flip.