
21 August 2024 | 0 replies
We're planning to start with mailers and then cold calls to follow up.

21 August 2024 | 4 replies
You might be able to get a better yield by finding a value-add project or a BRRR type property, but the market rate stabilized is 4-6% probably.Just be careful of insurance right now, it's been going up and seems to have stabilized, but it's still all over the map depending on the specific property and who is doing the insurance.

20 August 2024 | 4 replies
Hello,Any members have any experience or luck with house hacks in Fort Collins, specifically multi family?

21 August 2024 | 8 replies
I am really interested in the potential that RE investment has to help provide an income for my family and help me slowly build a farming operation that is set up for long-term sustainability.I plan to use my RE license to raise capital and get access to potential rental properties.

23 August 2024 | 29 replies
We use a lease generated on Avail.co for California and add in specific clauses for the rooms

21 August 2024 | 5 replies
If you plan to build a GC business that's different.

22 August 2024 | 5 replies
@Ankit Rathore- if you plan to refinance in 1-2 yrs ...ask the seller to reduce their sales price ....take no or low credit and use a 0 fee or 0 fee/ 0 cost pricing option for the loan ...you dont want to wast funds on buying a rate down and then payoff the loan within a yr

21 August 2024 | 3 replies
Reinvestment/Expansion (10-20% of Income)Rule of Thumb: Allocate 10-20% of your income towards reinvestment in your business or properties.Why: This fund can be used for purchasing new properties, business expansion, or other growth opportunities, ensuring continued business development.Summary Breakdown:Mortgage Payments: 25-30%Operating Expenses: 30-35%Emergency Fund: 5-10%Capital Expenditures: 10-15%Paying Yourself: 10-15%Reinvestment/Expansion: 10-20%Adjust these percentages based on your specific circumstances, risk tolerance, and business goals.

21 August 2024 | 23 replies
I do plan on using my VA loan.

21 August 2024 | 3 replies
Taking on deals like this that decrease wealth, such as low return high upfront cost whole life insurance, paying 19% interest on credit card debt, paying 2% annually to have a “wealth advisor” place your money in Vanguard Index Funds, paying for a high cost mortgage because you’re credit is bad, and “debt consolidation” programs are all reasons adding up to why many people can’t achieve financial independence and remain dependent on working every day to live paycheck to paycheck.There is a chance that in a particular circumstance any of these, including the program offer you describe, can be beneficial in certain specific cases.