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1 December 2024 | 25 replies
I’m living in Bay Area where finding deals that generate cashflow is impossible.
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5 December 2024 | 12 replies
A plain vanilla lawyer-generated set will cost somewhere in the $1500 ballpark from Geraci.
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5 December 2024 | 11 replies
Did you use AI to generate your posts, you slick dog...Haha, but in all reality AI is useful as a complementary piece for day to day activities.
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3 December 2024 | 8 replies
One of the key benefits of a DSCR loan is that it allows you to qualify based on the rental income the property is expected to generate, making it ideal for those with multiple properties or who may not have a strong personal financial profile or W2.
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10 December 2024 | 100 replies
They would do no prospecting, lead generation, etc.
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14 December 2024 | 42 replies
This generates wealth FASTER.
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3 December 2024 | 18 replies
Look for areas that are going to generate a lot of visits year round.
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2 December 2024 | 6 replies
Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.
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2 December 2024 | 6 replies
This being said, putting tons of pressure on the team to generate more investor leads.
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5 December 2024 | 8 replies
If you’re concerned about paying personal capital gains tax, remember that flipping the property means you’ll take the profit all at once, while with BRRRR, you can defer some taxes and have the property generating income.So, here’s what I’d do in your shoes:If you can make a decent profit flipping and then use that cash to roll into your next investment, you might be better off taking the cash, at least for the first project.