Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
But he stuck with me I had a 1 mil credit line that they kept in place so I could make money it was on 90 day extensions for 3 years :( but if they had not done that I would have had to give them the keys back on a few commercial buildings I ate 250k negative cash flow on those buildings to make sure the bank got all their money..
Jonathan Bombaci
Spent $209,000 on Attorney Fees in 2024 – Considering In-House Counsel in 2025
8 January 2025 | 11 replies
Maybe try to find someone like that who is just starting out and realizes that real estate is the golden goose over building their own law firm?
Mike Wilfong
I am New Here
7 January 2025 | 3 replies
I’d recommend focusing on building connections in Denver, exploring local markets, and considering strategies like house hacking or buy-and-hold investments to help you reach your goal of becoming a millionaire by 2027.Good luck!
Yael Doron
Title: Looking to Invest in the Phoenix, Arizona Area - Advice Needed
14 January 2025 | 13 replies
Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Joshua Tree is a bit of a tough market as there are a lot of STRs in the area.Be prepared that your first year might be a little thin as you are new and need to build up some reviews to get rolling.The interior is a bit of a toss up.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
@Monty Alston It has some impact but no lenders will give you credit for having experience building a home unless you have built or renovated a home in the last 3-5 years.
Brittany Myrick
The Newest New England Investor
14 January 2025 | 11 replies
I would be happy to share my experience in knowledge in this area (MA and RI) as I continue to look to build my portfolio.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
Based upon the cost seg studies of my clients, a building will typically yield 25-30% of the total cost that can be segregated into personal property and land improvements.
Cody Ford
How do you know when a house is too old?
6 January 2025 | 5 replies
In my 30 years doing this I’ve found that as long as you address each issue that comes up properly and do the repair needed to bring that part of the building up to current code then you will be fine.
Brad Finley
New investor in Cincinnati looking to get into the game
7 January 2025 | 3 replies
Because the reality is that one deal won't make you rich, but the continuous growth you get by doing deals and building your skills, network, and expertise will create the foundation to get you there!