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4 February 2025 | 2 replies
Quote from @Zalman Schurder: Hey guys,I am closing on my first fix and flip in Tamarac Florida.I am renovating the entire home, adding a full bath, new floors, a new kitchen etc.Where can I find ideas for current designs, colors, flooring, paint, and kitchen layout.Any general advice of what to do or steer clear of?
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27 January 2025 | 8 replies
Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.
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10 February 2025 | 16 replies
You've got the correct idea on factoring in risk of an uncertain future.
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13 February 2025 | 6 replies
First of all treating rental income as a hobby is a very bad idea.
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23 January 2025 | 16 replies
Since the contributions have to come from the business income (PM biz) it’s not likely you’ll come close to taking advantage of the high contribution limits of a Solo 401k.
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10 February 2025 | 6 replies
This will help you close deals faster.Focus on marketing and lead generation to find motivated sellers—direct mail, driving for dollars, and online marketing all work well here.Know your numbers—being able to accurately assess the value of properties and make solid offers is key.Network with other investors and professionals—attend local REI meetups, connect with title companies, and build relationships with hard money lenders.Feel free to reach out if you ever want to chat more or exchange ideas!
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27 January 2025 | 18 replies
Look for some of those to go in as an LP (limited partner) and learn and grow your knowledge, skills and investment money so you'll be ready for the next accredited deal.
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20 February 2025 | 8 replies
Beyond that, networking with other investors in the mobile home park space could open up some doors for partnerships or additional funding ideas.
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12 February 2025 | 9 replies
If a suit isn't timely filed, the lien will fall off after the expiration of the statute of limitations.
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20 February 2025 | 2 replies
Let’s swap ideas and learn from each other.