
30 March 2024 | 45 replies
You are way way ahead of 99% of the population, and well on your way to setting yourself up nicely for financial security/independence.

28 March 2024 | 10 replies
This is when you hear stories about how individuals in their early to mid-20s ultimately give up because they're burnt out and have little results to show.

27 March 2024 | 3 replies
Locate a mentor who can help you learn from their experiences and offer you individualized guidance.Even in an entry-level role, get experience by working for a property management firm or real estate investor.

27 March 2024 | 0 replies
Welcome to A Skeptical Dude’s Take on Real Estate: a frank, hopefully insightful, dive into real estate and financial markets, from one real estate investor to another.

27 March 2024 | 4 replies
@Elvis OccRestaurant bars, and coffee shops in the financial areas or near financial advisors, or large offices will have a higher chance of meeting people that are investing in real estate.

27 March 2024 | 7 replies
There are a lot of individuals and funds that do.

28 March 2024 | 20 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

27 March 2024 | 11 replies
Individuals borrowing in their own name will need a credit file in the USA.

27 March 2024 | 18 replies
I have really stepped up my lead generation and have several sellers who are ready to offload their properties at good prices but I am currently stuck in a place where I need financial resources to make quick offers.

27 March 2024 | 4 replies
Your dedication to real estate, both as an agent and in your personal investments, is inspiring.We're all here to support each other on our financial journeys, and it sounds like you have a lot of exciting ventures ahead.Best of luck!