16 May 2019 | 2 replies
LBJ Realty Holdings, LLC and Hollywood Fountain, LLC never produced the receipts to me (the ones they said they had) when I questioned about the additional $40.Also, to add some context, I am moving back to my home country and I feel like that situation made LBJ Realty Holdings, LLC and Hollywood Fountain, LLC think that they could take advantage of the deposit by absconding with extra cash (thinking that just because I am not in the US any longer, that it won't bother me).The investing industry is really small - I don't know if they were aware that tenants can also be people of influence, lawyers, doctors, business owners and investors themselves.
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16 May 2019 | 6 replies
It uses those transactions to produce 4 different financial statements.
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21 May 2019 | 11 replies
Think of it as the amount of money the property would produce if there wasn't a mortgage.Cap rate: the rate of return.
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15 May 2019 | 0 replies
If investing for cash flow, multifamily properties tend to produce much greater cash flow and cushion.
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20 May 2019 | 92 replies
They made us have our RE license so everybody is properly trained and qualify to address investors and sellers, (even though you really don't need the license to wholesale) .I Was able to almost triple my income in the first year and along with the knowledge I have gained and now on my now second-year, I'm projecting to already 5x this one also on track to get my first income-producing prop. and in the process of moving from my own house and renting my current as well, PLus all great connection and valuable feedback when people see you are an asset in this industry you get multiple requests to partner So, possibilities open up.
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10 July 2019 | 164 replies
The biggest hustlers and top producers were always the ones with no degree.
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17 May 2019 | 12 replies
Turnkey means you are buying a property that is already producing income.
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21 May 2019 | 8 replies
When a decent mobile home comes on the market (usually around $25,000 - $35,000) people are chomping at the bit to purchase.Cities are killing off mobile home parks because they don't produce much in sales tax, are generally unsightly, and have high potential of turning into a haven for criminals.
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16 May 2019 | 3 replies
Reduction in sale price does not improve cash flow as much as the improvements to the property will produce in rental income.
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16 May 2019 | 3 replies
This is a long play, don't be worried to go slow especially when you're putting such a large percentage of your wealth into one asset.all that said, asking "how can I make this work" will eventually produce a positive result.