
1 December 2024 | 0 replies
I like to garden in my free time, this summer i noticed how much we saved with the garden and I've been watching more videos on personal finance.

20 November 2024 | 27 replies
Quote from @Ron Brady: We've used Facebook marketplace for this and have found great success. thanks Ron, I was thinking in Market Place as well, thanks for sharing and confirm

30 November 2024 | 2 replies
I don't see a lot of deals in Maine but closed a refinance of a BRRRR property in Mars Hill, ME earlier this spring.

1 December 2024 | 10 replies
I was expecting to see a list of names with my name up on this list :) here are some 1.

30 November 2024 | 2 replies
generally though if your doing this with other investors you dont personally know then a PPM would work.. or if its just a few say 2 or 3 then an LLC would work .

2 December 2024 | 2 replies
It sounds like this may be a loss but I am sure you have learnt from it.

1 December 2024 | 6 replies
Basically insurance companies looking to relocate people who had to insurance claims on their property and need a temporal housing.I’m curiouse to learn more on how to tap into this market and rent my properties to insurance companies .thank you !

20 November 2024 | 22 replies
@Tatum Littleton this is really helpful!

30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

30 November 2024 | 4 replies
In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.