Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Racketeering Influenced and Corrupt Organizations Act.
Amit Garg
Anyone heard of WealthGenius Coaching Program (Alfonso Cuadra)
27 January 2025 | 12 replies
Renting rooms is almost always more profitable than renting entire suites or houses.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
I definitely thought it was a scam but it was legit and easily one of my most profitable 1 night stays away from a pure revenue stand point.
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
Doing this will indefinitely defer paying tax on profit or depreciation recapture.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
Monish Anand
How to find the best Real Estate Agent
10 January 2025 | 13 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
Eric L Conry
Should you sell stocks to pay off a rental early?
2 February 2025 | 17 replies
My stock portfolio has compounded by 45% annually over the past several years and I routinely take profits and derisk, go into cash and then back if I find deals.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
In my opinion, more important metrics are total profit and time spent managing the operation.All marketing works.
Henry Clark
Self Storage- Will they come? Market size?
1 February 2025 | 22 replies
There is a profit but not worth the risk.
Rafal Soltysek
RV park and glamping investing
7 January 2025 | 4 replies
If done correctly it can be very profitable.