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19 December 2024 | 24 replies
I'd love to buy up some land in the Christmas or Santiago Mountains, but I love hunting for and photographing rare snakes so that's sort of a niche use haha.The Chihuahuan desert and western mountains of Texas are no joke, it is some of the most remote, unpopulated, water-starved, but breathtakingly beautiful country in the entire US.Just FYI it's not that west Texans dislike solar or wind farms... we love money!
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12 December 2024 | 5 replies
I know I made a lot of mistakes here, and if I could go back would certainly do things differently.Key facts:• no written partnership agreement • In business for 1 year, with 8 total combined clients• 2024 total income $29,500• No shared business property or initial investment.
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19 December 2024 | 15 replies
Almost all DSCR loans will have either A) a prepayment penalty which prevents you from selling or refinancing within a given period without paying a cost, or B) a combination of higher rates and points to offset the lack of a prepayment penalty.
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18 December 2024 | 26 replies
@Monica Gonzalez owners rarely track Days On Market (DOM) trends and seasonal impacts.
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12 December 2024 | 1 reply
That deal taught me that off-market properties offer something you rarely find on the MLS: opportunity paired with creativity.I realized I didn’t need to rely solely on what everyone else was chasing.
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14 December 2024 | 36 replies
While it is rare, there are situations where a Broker is not a member of an MLS.
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16 December 2024 | 1 reply
The goal is never just to buy cheap and hope.. it’s to buy right, position yourself for growth, and do it in a way that you won’t be kicking yourself over a couple years down the line.I’m not saying it’s all going to be smooth sailing; real estate rarely is.
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17 December 2024 | 86 replies
And the fact that you have 6-months of expenses saved up prior to inheritance tells me that you're disciplined and decent with money (this is relatively rare).
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16 December 2024 | 5 replies
it is technically a real thing but very rare, and there is plenty of historical data out there that shows those who have less skin in the game are at a far greater risk of default by a factor of 5-7x.
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31 December 2024 | 66 replies
No pay usually winds up in finding another project that does pay (for me) - and I rarely don't answer my phone or call someone back (which is the first sign of someone ditching).