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Results (10,000+)
Trent Gulino Using a heloc to brrrr
9 December 2024 | 8 replies
Just crunch the numbers and ensure the terms work for your deal.Hard money typically funds up to 90% of the purchase price and 100% of the rehab costs on a draw schedule.
Jacob Gable Commercial Investment Apartment Building on the Westside of Cleveland
7 December 2024 | 2 replies
We used commercial financing of a 10 year not with a 20 year amortization schedule.
Federico Lombardo Super Early Days
2 December 2024 | 8 replies
Wealth is built slowly over time, with consistent discipline.
Javier Molina Mildly complex structuring for multiple properties. (LLC, Trusts, Multi-state)
12 December 2024 | 12 replies
We were already well past the scheduled meet time so I didn't want to push.
Joe S. Rethinking some of Dave Ramsey‘s teaching
2 December 2024 | 5 replies
I have taken dozens of flights for free using credit card points, but Dave isn't going to teach that technique to people who can't control their spending because there's too much risk that they won't have the same discipline I do.Dave teaches people to invest safely because he doesn't want people with no financial discipline taking his advice wrong and chasing get-rich-quick schemes.
Joe S. Investing in your children/family in 2025
5 December 2024 | 25 replies
@Joe S. we do something with our kids that helps them get the discipline and investing mindset.
Nadir M. Maintenance replacements for certain household items
5 December 2024 | 20 replies
My recommendation is that you make it a tenant responsibility in the written lease, then send reminders every 3-6 months, depending on the schedule.
James Kerson Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
(Calling any real estate lawyers to comment.)Assuming one could live with the litigation risk, I would propose three options for buyer prospects to tour listings: 1) A buyer’s agent from another brokerage could schedule a tour OpenDoor-style, but with no compensation offered from the listing agent or seller 2) If the buyer has no agent from another brokerage, a buyer’s agent from mine could accompany the prospect and open the door for a fee ($25-50) 3) if a prospect insists on touring alone, for scheduling reasons or any other, the prospect would have to show proof of funds/lender pre-approval and pass a background check (this last part could pose challenges) You're passionate about the idea, I can see, and I'm not saying none of that could or would work, but in my honest opinion you're looking for a nugget of gold in a sea of desert here.
Berna Geylani Non-profit funds, no clear path - feeling lost
2 December 2024 | 5 replies
Not one dime went to overhead in our Charity each person and their discipline donated their time and money to the Mission.We then went about raising the 200k ( which was much tougher than what I thought) I spent 2.5 years on BP giving advice on PM's in exchange for donations.
Matthew Toporowski What due diligence do you do on prospective commercial tenants?
4 December 2024 | 4 replies
Right, I asked for books and a schedule for the biz from the return.