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18 August 2024 | 1 reply
Your profit on deal #1 is $25k so you would pay taxes on that.
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19 August 2024 | 14 replies
Just so you know they wont be cheap money on the investment property.
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16 August 2024 | 3 replies
Cons', My money is sat in this house which i cant use for any other personal investments.
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19 August 2024 | 0 replies
We "lose" money on a cashflow basis, but completely comfortable with that as this is more of a 2nd home that renters help us pay for.
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19 August 2024 | 20 replies
How much due diligence money did you put down?
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17 August 2024 | 25 replies
You could be making real money by investing wisely.Also, I wouldn't be sure that Cali will always appreciate at the rate that it typically has.
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19 August 2024 | 6 replies
So you have your first rental at the top, it cash flows, you then use that money for the next property, and then another property.
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19 August 2024 | 4 replies
As a hard money lender, I can tell you that working with a commercial lender or a hard money lender is often a better route for accessing funds under an LLC.
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19 August 2024 | 0 replies
We "lose" money on a cashflow basis, but completely comfortable with that as this is more of a 2nd home that renters help us pay for.
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19 August 2024 | 42 replies
They go quiet when you ask how much money they've earned, how many deals they've done, when they reached financial independence, etc.