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11 January 2025 | 49 replies
How much profit you make depends largely on your targeted clientele and your property management.
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16 January 2025 | 9 replies
A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.
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6 January 2025 | 11 replies
I would only do it if it was an absolute no brainer of a deal as if it goes south then you not only hurt yourself on that deal but also the property that you took the heloc out of.This also depends as if your current LTV is 30% and want to go to 50% is different than going from 50% to 80%.
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11 January 2025 | 19 replies
It really depends how motivated you are.
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1 February 2025 | 56 replies
We also buy at a discount (pricing depending on those qualities).
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13 January 2025 | 15 replies
This doesn't come cheap--these folks were making high six to seven figures depending on volume.We focused on lending to professional real estate investors--so our customers were frequent repeat borrowers.
9 January 2025 | 7 replies
We see DSCRs coming in at or under conventional, but it does depend on LTV etc etc.
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1 February 2025 | 9 replies
Debt analysis, the profit grossly changed from $21,836 to -$3,559 depending on the cost of Debt and the length of time to exit.
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14 January 2025 | 3 replies
Alternatively, I have spent the last decade doing technical work in cybersecurity, and can land a job between $140k-$190k (depending on where in the US).
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15 January 2025 | 12 replies
However, this rule is more property- or activity-specific and can be easier to meet than the 750-hour rule, depending on your portfolio size and involvement level.