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17 April 2024 | 13 replies
My company does the following:• Free and simple MLO Licensing (22 hours online or in person and you choose your schedule)• Mortgage team to handle the backend (meaning, no structuring, underwriting or processing loans) • Competitive mortgage rates backed a company with 20+ years in the business• Downline revenue stream on the lending side (similar to EXP model.)• They do not have to change brokeragesIn my mind, there aren't many cons to this.
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18 April 2024 | 26 replies
I have learned to mitigate risk with smarter purchases, reserves, reasonable down payments, built-in gains, solid income stream, and not biting off to much at any time.There is risk in everything, but these are large investments of time and money.
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17 April 2024 | 5 replies
I self manage currently use Rentredi for management and REI Hub for Bookkeeping.
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17 April 2024 | 5 replies
then you really don't have a problem...except that you are forced to switch horses in mid-stream which I know is not desirable....A new GC will not always charge so much more to take over a job mid-stream, it just depends on a lot of things (like the original GCs reputation).I would get a release (of sorts) stating that the original GC will warranty the work that he has completed and that the new GC is not liable for any work not performed by his company.
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16 April 2024 | 23 replies
., but the economy is always resilient and sometimes thrives in downturns, so for that it'll always be a hub.
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21 April 2024 | 240 replies
We are moving to Central America this coming August and we needed a modest passive income stream to facilitate our minimalist lifestyle.
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16 April 2024 | 11 replies
Columbus has become a major tech hub in the midwest with large companies like Intel investing $20 billion, Amazon investing $3.5 billion, Google building 2 new data centers: one in downtown Columbus and the other in right outside of U.S. 33 in Lancaster.
18 April 2024 | 83 replies
Cleveland offers a strong rental market driven by a growing population and can help ensure a steady income stream.
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16 April 2024 | 9 replies
So I would essentially be living rent free.Rental properties are just one of the income streams I have in mind.
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16 April 2024 | 11 replies
In these cities, your financial resources will go a long way enabling you to assemble a diverse multifamily portfolio and initiate a steady stream of income.