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28 January 2025 | 8 replies
@Jay Fayz Do you have a source of regular income?
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19 January 2025 | 354 replies
Yes @Akash Sky that is considered ordinary income
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3 February 2025 | 15 replies
@Derick JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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15 February 2025 | 19 replies
But I'm still suspect about Cumberland because of the low income and stagnating industry and economy.
8 February 2025 | 89 replies
And that appears to not have worked.the Sponsor according to the thread here invested in these deals with a guy named Tai Lopez who is well known.. and if i read this right Tai was offering 25% annual return to the Norada and Norada was making the delta between the 25% and the 12 to 17% they wrote thier notes for .
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13 February 2025 | 10 replies
If you are a doctor with proven income or a contract, the bank makes incredible deals that they wouldn't make for me.
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29 January 2025 | 10 replies
Historically, we net roughly 65K Californians annually.
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26 February 2025 | 11 replies
These are often people making 600k to millions a year or higher in income but live 100k to maybe 200k lifestyles and invest the rest.4.
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20 February 2025 | 8 replies
You might have to give up some income from the rentals but it gets you ownership of the park and time to fund long term financing.
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31 January 2025 | 11 replies
@Charles Perkins is absolutely correct about "collecting all receipts, properly tracking all income and expenses and your basis for all assets properly documented and recorded."