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22 January 2025 | 13 replies
Donating money to large (FEMA, Red Cross), local organizations or Go Fund Me pages would be the quickest way.
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6 February 2025 | 2 replies
Building a 4,000-square-foot, three-story duplex with a 1,000-square-foot ADU could cost about $1.83 million, including construction and permits (excluding land).
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2 February 2025 | 15 replies
As well as I just launched my starter supply and Bath product campaign on my current properties and will include it with new ones.
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29 January 2025 | 3 replies
As a Mexican realtor, I’ve worked with clients alongside an accountant to simplify the process, including setting up the necessary bank account for rental income.Let me know if you'd like more guidance!
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9 February 2025 | 47 replies
BP also sends an email after the webinar for you to watch a replay if you couldn't watch live, and the code is included there too.
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15 February 2025 | 7 replies
I recommend you include some of your key qualification criteria in the advertisement.
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2 February 2025 | 2 replies
There are many service companies that will manage seller finance notes including the payments, escrow accounts, and documentation.
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13 February 2025 | 5 replies
Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.
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15 February 2025 | 2 replies
I wanted to start this conversation because I’ve seen too many investors (including myself) get into serious trouble due to a lack of cash reserves.
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10 February 2025 | 11 replies
Penalties of these Federal charges may include:30 years in prisonUp to $1 million in finesThey have a "statute of limitations" - (with a third "T" ;-) of 10 years from the date of the transaction - 10 years from now, you could get a very nasty call and hopefully, you put your reserve money in a good account that grew to cover legal expenses**********************************************And the universe could blow up as Doc says in Back to the Future " But, granted, that's the worse case scenario."