Jonathan Small
2 Bedroom 2yr Rental Into Flip
20 January 2025 | 0 replies
The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.
Matthew Shelp
Blythe, CA - Buy and Hold Properties?
25 January 2025 | 6 replies
I know many investors go out of state for buy and hold properties to generate passive income, but is Blythe a lucrative market?
Bruce D. Kowal
The Side-Hustle Timeline: How to Build Your RE Business While Working 9-5
16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers.
Mark Daniels
Advice on borrowing against a paid off Commercial property to buy an additional one.
18 January 2025 | 8 replies
Unfortunately, such a funding option is not generally available for commercial properties, unless your LLC or Corp that is the borrower has other "unencumbered" assets that can be leveraged to generate the funds you need.
Benjamin Blunt
How do you find Off-Market Properties?
29 January 2025 | 28 replies
just start generating leads and start talking to people and when you’re not doing that educate yourself also hire a mentor just basically get active..
Sharon Porter
How to purchase a property that the state take over?
25 January 2025 | 3 replies
If they qualify as tenants, you might need to honor tenant rights or negotiate a settlement to vacate.Market Potential: A two-family home and a single-family unit could be a great income-generating property post-rehab or resolution.
Erick Pena
Excited to Start My Real Estate Investing Journey!
15 January 2025 | 9 replies
You have come to the right place to explore different ways to generate passive income.
Nish Chakilam
New and Aspiring Investor
29 January 2025 | 2 replies
Over the last year, I've developed a passion for real estate and want to be able to use it to generate income and secure financial freedom in the long run.
Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
By purchasing properties in high-demand urban areas such as Berlin, Munich, Hamburg, or near military installations, American investors can generate reliable monthly rental income.
Courtney Dettlinger
Should I use home equity loan & how
22 January 2025 | 1 reply
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.