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20 February 2025 | 114 replies
When it breaks down things can go really bad and it takes a lot of time to fix for the owner.
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15 January 2025 | 11 replies
We were surprised that Kiavi never thought to call the vendor of their software, or a database technician, to fix this.We provided the requested copy of our LLC articles of organization.
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31 December 2024 | 0 replies
This property was in rough shape, so I tackled the essentials: new roof, plumbing fixes, and updating the interior to make it livable again.
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31 December 2024 | 0 replies
This property was in rough shape, so I tackled the essentials: new roof, plumbing fixes, and updating the interior to make it livable again.
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12 January 2025 | 17 replies
Quote from @Peet Bothma: Quote from @John Yoo: Quote from @Peet Bothma: I'm a foreign national and I just closed a deal on a duplex at 5.75% an a 30 yr fixed and 75% LTV in Wisconsin.
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19 January 2025 | 47 replies
Other than your payment is NOT fixed, the "charge" for it all is NOT known or set......
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31 December 2024 | 15 replies
Starting with a mentor is very smart – it really cuts down on the learning curve, especially with something like a fix & flip.
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19 January 2025 | 61 replies
Leverage and invest at 40x $100 000 properties ($20k down + $5k closing cost, 30 yeas fix rate loan) with a return of 10% where you have better asset protection (my keeping lower equity and higher bank position), you are hedge against inflation (agree with me, in 30 years $1 000 000 purchasing power will be less compare than $1 000 000 today) Here is how looks mathematically:1. 10% on $1 000 000 (10x $100 000) = $100 000 / annually - No interest tax deduction- No loan paydown benefit2. 10% on 1 000 000 (40x $100 000) = $400 000 / annually - debt service + full tax benefits+ loan pay down+ hedge against inflation for 30 years+ better asset protection (by maintaining lower equity position) + (not guaranteed of course) if appreciation happens, it happens on the all full asset amount, example:If appreciate 10%:In case "1" you will have 10% on $1 000 000 = $1 100 000In case "2" you will have 10% on all 40x properties (40x $100 000 = 4 000 000) = $1 400 000As far as cash flow, as long you buy "right" CAP 8% and higher you will have stronger cash flow on leveraged asset + all additional benefits.
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16 January 2025 | 5 replies
Investment Info:Single-family residence fix & flip investment.
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15 January 2025 | 5 replies
. - Property type (single-family homes, duplexes, or small multifamily)- Min/max square footage or number of bedrooms and bathrooms- Desired cash flow or ROI metrics to ensure profitability- Property Condition (turnkey, light cosmetic fixes, or heavy rehab)- Neighborhood type (A/B-class areas for appreciation vs.