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17 March 2024 | 1 reply
Buying pre-construction properties in Latin America to flip within a short period of time is a risky strategy in general but even more so today given the rise in prices over the last few years.Medellin is a great place to invest provided you buy the right kind of property but not because it's still undervalued according to international standards.
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16 March 2024 | 8 replies
Last year I got money back because of a shortage now there’s a massive overage.
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17 March 2024 | 1 reply
I have an 8-5 that brings in just under 100k and I work as a part time realtor(sold 3 houses last year and had a rental deal too) and I bartend most Sat nights(300 a night, working 4-11)If I sell the 2 family, after 15% cap gains and 2% to the buyer agent and lawyer fee and pay off all our debt(wife and myself, not mortgages) We would have about 150k left over.If I sell the cabin, after agent fees and cap gains we’ll probably walk with 60k.Would keep pushing forward?
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18 March 2024 | 18 replies
I put alot of importance in reading, so I made them read classics at 1st, then mindset (think and grow rich etc) then financial acumen (rich dad etc) thankfully they all have w2 jobs so 401k match, roth etc. 2 are homeowners (don't want to be REI investors) but the last 1 is saving for REI investing.
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17 March 2024 | 6 replies
A DST with a 721UpReit option is typically held for 2 years after the last investor has entered the deal and the offering is closed.
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17 March 2024 | 7 replies
@Ankit Biradar there are a few long threads on this over the last few years.
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17 March 2024 | 4 replies
I got a duplex UC last spring that had about 200k of work to do to its ARV is well over $1m but each unit will be renting for close to 5k.
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16 March 2024 | 10 replies
I felt that it was too large of a group so I actually connected with one of his mentees/former content creator at BPCON last year and she started her own bootcamp.
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17 March 2024 | 12 replies
Last night I got an email from the loan officer telling us the underwriter says the loan looks like predatory lending and raised the rate by 5/8 of a percentage.
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17 March 2024 | 15 replies
The current interest rates are more the norm and what we saw for the last 10 years was 'free' money due to the low interest rates.