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6 January 2025 | 3 replies
;however, my issue is that I dont have good credit and since im self employed I make.very little income.
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17 January 2025 | 23 replies
I would be self managing the property because I know the area well, have local connections to help out if in a pickle, and could get there in a day drive if need be.
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12 January 2025 | 23 replies
It’s so mental but if you have stuffed feelings of hatred against the successful people you see you actually are also going to judge your future self for becoming successful and likely sabotage it before you get there.
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6 January 2025 | 4 replies
Make sure you talk to a Banker or Loan officer that is well versed in both SE (Self Employed) income and also Non/QM programs.One tip I will give you as a Banker is open up a "Business Checking account" and for the next 12 months pay "Everything" out of that account.
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3 February 2025 | 47 replies
Scaling quickly, cash flow, appreciation, location/staying local, self-management, etc.
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6 January 2025 | 3 replies
Use the lookup with my name and self storage and zoning.1.
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17 February 2025 | 71 replies
Fact is this is a path I am currently on, that is: Somewhat aggressive Options trading strategy to build enough capital so that I can self fund my first design/build project in the Usonian/ FLW style.So to that end, nice update on here... portfolio is up like 40% in 2 weeks and I am hoping to get some more gains in the next few weeks.
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8 February 2025 | 49 replies
@Greg P.Given your objectives, if you extrapolate your numbers it would take 97 rentals earning $300/month to return $350,000 per year.One thing to keep in mind is that not wanting to invest locally and self manage, you will also have significant property management expenses.
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10 January 2025 | 17 replies
It seems like there are additional obstacles to success for me since I'll have to do pretty much everything remotely, but an expression that I like, and I'm paraphrasing here, "If the path you're on seems easy, you're on the wrong path"Would love any and all advice, guidance, comments, warnings or whatever else you'd like to share.
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5 January 2025 | 4 replies
While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.