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2 December 2024 | 5 replies
Many investors - including Dave Ramsey - attempt to gain wealth quickly through risky leverage, and they fall flat on their face.
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28 November 2024 | 1 reply
If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.
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30 November 2024 | 2 replies
The platform will offer features such as estimated ROI and cash flow on properties displayed on a map, similar to Zillow, but specifically tailored for investors looking for their next deal.My initial thoughts on the MVP are to focus on the core features listed above for investment properties, but I’d love your feedback to ensure the platform truly solves the challenges investors face.
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14 December 2024 | 101 replies
The conversation started "We have been very clear on solicitation another student (who I had met 2 hours earlier and whose English was so bad I could barely understand him so shook my head when he spoke when we don't understand but want to be friendly) told me you and him are opening an LLC and recruiting other students."
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6 December 2024 | 27 replies
Not specific to OP but I constantly observe the pressure investors face to buy real estate.
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30 November 2024 | 6 replies
Historically the market slowed down in the months prior, as people tend to freeze in the face of uncertainty.
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7 December 2024 | 14 replies
You at the bare minimum need to have all the standard amenities, and going above and beyond trying for unique usually pays off as well.
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3 December 2024 | 16 replies
@Silas Melson most turnkey acquisitions barely cashflow and many investors overpay.There is a cost to being passive!
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30 November 2024 | 12 replies
Labor shortages have hit that industry just like everything else, so finding reliable, trustworthy, quality cleaners is a challenge everyone is facing.
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5 December 2024 | 87 replies
I have not tried to buy the performing seconds from PPR because I hear that they often sell for close to face value by the time they are bid up.