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8 February 2025 | 9 replies
Find a sponsor, reach out, tell them you're Canadian, they approve, review and sign LP docs, wire funds.
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13 February 2025 | 17 replies
It was some kind of minor fund manager.
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4 February 2025 | 17 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
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17 February 2025 | 3 replies
And I could use additional 200K or so to fund my next investment property.
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9 February 2025 | 3 replies
I’m diving into real estate investing with a focus on rental properties, and I’m looking to connect with like-minded investors, lenders, and partners.A little about me:•I’m currently working on securing my first rental property and seeking a strategic partnership with an investor willing to fund the deal while I handle the operations.
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12 February 2025 | 4 replies
If someone injures themselves and sues, they will sue the LLC, not you personally.
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21 February 2025 | 2 replies
.$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.
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29 January 2025 | 4 replies
That experience made me realize I want to dive deeper into this space.Right now, I’m in the research phase—figuring out locations, property types, and strategies while working on funding and budgeting.
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7 February 2025 | 0 replies
Institutional investors and hedge funds may allocate more capital to private lending platforms, leading to better loan products and increased liquidity.