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23 January 2025 | 9 replies
@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset.
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26 January 2025 | 1 reply
Improve your credit and financials so lenders are willing to take a chance on you.
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25 January 2025 | 6 replies
There is an much art as science in financial projections and numbers change with the market.
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12 January 2025 | 7 replies
I'm not sure if that would bring in enough money but it would certainly make things easier financially speaking while you built up your real estate portfolio.
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21 January 2025 | 7 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
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22 January 2025 | 1 reply
🙌 I love your focus on helping others achieve financial freedom through real estate – that's what it's all about!
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18 January 2025 | 6 replies
Even if you don't decide to keep it in the long run, it's an appreciating asset you can make money off of.
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23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.
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20 January 2025 | 7 replies
A financial advisor or real estate pro could help you map it all out more concretely.If I were in your shoes, I'd probably lean towards selling and reinvesting into some more diverse assets, or just more properties, but that's just me.
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4 February 2025 | 7 replies
Once you have a financial base then invest.