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14 December 2024 | 0 replies
It wasn’t just about the property—it was about the lessons she was teaching her kids along the way.During the drive, she shared valuable insights with them:• How real estate can generate income.• Why patience and hard work are critical to success.• How to think creatively about building wealth.Once at the property, the kids explored, asked questions, and saw firsthand how opportunities are created through smart investing.Involving children in real estate teaches them:• Financial literacy in a hands-on way.• Entrepreneurial thinking and problem-solving skills.• The confidence to believe they can achieve financial independence.It’s amazing how small moments like these can inspire the next generation to think bigger and dream bolder.How are you involving your family in your real estate journey?
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17 December 2024 | 6 replies
Any tips on targeted marketing, effective lead generation, or even some "outside-the-box" tactics?
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18 December 2024 | 15 replies
If the property is making money - and I mean really generating good cash flow - then those taxes are just another line item in your budget.
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9 December 2024 | 0 replies
Can function as either co-living or one large multi-generation single family house.
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30 December 2024 | 819 replies
It generates a false sense of urgency for the buyer and they are quicker to pull the trigger on the next one without having their questions answered.
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16 December 2024 | 6 replies
Once the building is sold it generates a Section 1231 Gain and that can be offset by release of the passive losses from the syndicate that have been carried forward.
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17 December 2024 | 6 replies
You need to look at return on equity, how much cash flow can be generated putting your equity to work vs the cash flow this property will produce.
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14 December 2024 | 13 replies
Can you generate a report in Buildium to download a CSV file to upload transactions to Stessa via the Stessa CSC uploader?
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15 December 2024 | 5 replies
Looking for a high LTV DSCR option given this property should reasonably be priced nearer to or upwards of $425k given the cash flow its generating.
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19 December 2024 | 21 replies
Yes, there are bad areas and appreciation probably won't happen...but rents are not declining, there are great tenants if you screen correctly, and even the C neighborhoods generate great $.