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4 May 2020 | 7 replies
Learn, absorb, listen and dive right in. :) Ask a ton of questions and do your due diligence, but don't get caught in analysis paralysis.
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16 April 2020 | 8 replies
Hey mate - just going through this as it's my first time diving into the world of flipping properties too.
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14 April 2020 | 8 replies
Would this be a good place to dive into Real Estate as a new agent?
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12 April 2020 | 1 reply
But, let’s build our real estate investment practice one step at the time, and use this uncertain time to improve rather than sit-and-wait.Before diving into detailed analysis, use 1% rule to quickly evaluate dealsIf a property passes 1% rule, then look deeperWhen focused on cash flow, focus on annual cash-on-cash returnHave a thorough estimate on investment cashPlease include closing cost, the % varies by regionAdjustment % of downpaymentMonthly expense = monthly operating expense + monthly mortgage expenseFor mortgage expense, use established mortgage calculator (e.g.
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12 April 2020 | 0 replies
How you're positioned during a time of uncertainty is ultimately what defines you as an investor, a business owner and entrepreneur.The biggest problem I see with most business owners is that they dive head-first into a situation thinking that "if this goes right, this goes right, and this goes right, we're going to make a killing."
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13 April 2020 | 9 replies
Thanks for the insight @Michael Belmore I think that always sits in the back of our mind in hopes sellers are being totally honest and not trying to pass along a deeper headache.
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15 April 2020 | 20 replies
This project was very scary for us to dive into, we knew a limited amount about construction and had to rely heavily on our contractor.
14 April 2020 | 4 replies
I am brand new to the real estate game and looking to dive in.
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14 April 2020 | 1 reply
It's a bit intimidating, so I am encouraged to see others dive in and succeed!
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15 April 2020 | 8 replies
The risks are if I borrow 50% and then my portfolio takes a dive then I would get a margin call, so to mitigate this I’ll only borrow 20%.