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7 November 2024 | 12 replies
In some cases, anonymity is healthy, but this depends on your preference.
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11 November 2024 | 14 replies
They'll produce a title commitment with the requirements they think are necessary to get you insurable title.
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21 November 2024 | 305 replies
If it is way more work and maintenance but cash flowing the same as a smaller unit doesn't make sense, but since you say high maintenance high reward I'm guessing this is one of the best producing properties.
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1 November 2024 | 5 replies
It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.
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6 November 2024 | 4 replies
This comes with time and experience but a book that helped me tremendously (not really a sales book, though) was "Boundaries" by Henry Cloud.The most common challenges for RE Agents early relate to generating leads and focusing on income producing activity.I would consider spending 50-75% of your side-hustle time on income generating activities.
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4 November 2024 | 4 replies
I would highly recommend you sell and do a 1031 exchange into something that will produce income, like a rental property.
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5 November 2024 | 4 replies
Last year, the city required a bank statement, which was not overly difficult for me to produce; however, this year the city of Chicago required either a homeowners exemption or a state license showing the exact address and unit for the listed AirBnB.
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5 November 2024 | 5 replies
This becomes EQUITY, which can be leveraged 4 to 1 to purchase income producing property.4.
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7 November 2024 | 18 replies
Our main issue is that we are getting exhausted with people who say they're cash buyers and can't produce a POF.
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5 November 2024 | 15 replies
Although taxes and purchase price may be more with a multi family the fact that there are multiple units for rent tend to be much more income being produced.