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15 January 2025 | 49 replies
Stessa brings accounting, tenant screening, financial reporting and more into a single integrated platform built for investors, by investors.
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8 February 2025 | 14 replies
Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend 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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10 January 2025 | 3 replies
We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project.
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16 January 2025 | 6 replies
The idea of ownership is changing with the emergence of web3.0 :)Just my 2 cents, not financial advice.
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11 January 2025 | 9 replies
Wealth Building: Paying off the first STR focuses on cash flow and financial security, while buying another property focuses on scaling and wealth building.
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28 December 2024 | 1 reply
Financial advisors focus on what they now best.
13 January 2025 | 7 replies
What financial targets do you have?
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17 January 2025 | 3 replies
My goal for 2025 is to close a minimum of 1–2 deals per month as I work toward creating financial freedom for my family.
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14 January 2025 | 4 replies
The requirement to do this generally involves an experienced GC signing on the borrowing entity as a 20+% owner thus making them a signatory on the loan and responsible for the debt which in most cases is not very easy to find.
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15 January 2025 | 8 replies
CoghillWe’ve used AppFolio for many years to manage a large portfolio, and while onboarding can be thorough, it’s primarily to ensure compliance with financial and legal standards.