Eric Dami
[Calc Review] Help me analyze this deal
28 June 2018 | 7 replies
They'll start to point things out you may have missed.After doing this a few times you can get comfortable that your numbers are about 80% correct and you can just build in a 20-25% contingency for the stuff you missed Now you're ready to start pulling the triggerOf course you can ignore all of the hard work up front and just dive in...but then you also need to be prepared to lose $20k...if you don't have $20k to lose...spend the time to do your homework and practice first.
Nick Rutkowski
How has becoming a landlord changed you?
3 July 2018 | 21 replies
I'll answer you in order of replies:@James Masotti Thank you for the inspiring words.
Gregory Schwartz
Out of state, sight unseen investing
5 July 2018 | 110 replies
Your title indicates you have no idea even if the condition of the place, yet, we all know you just mean you won’t actually be stepping foot inside the front door, correct?
Ron Willbanks
Just starting out -- as a Passive MF investor do I need a LLC?
29 June 2018 | 11 replies
@Ron Willbanks If you're a passive investor (aka limited partner) in an LLC, then as @Lee Ripma correctly stated you do not need another LLC as you're not personally responsible for the syndication and the syndication is going to be set up as LLC already.
Luke Slapa
BRRRR HELP! hit road block, need advice!
18 July 2018 | 16 replies
If my assumptions are correct you’re just one bad water heater/ one broken pipe/ one eviction away from big trouble.
Steeve Breton
Are most syndicators only taking accredited investors?
30 June 2018 | 17 replies
Seems petty, but the logic is there if you want to keep your accredited investors happy and coming back.Anybody feel free to correct me if I'm off base here :)
Troy Lilly
What to do when a moderator wrongfully removes a post?
28 June 2018 | 4 replies
@JD Martin Thank you for a timely reply.
Raj G.
Risk involved with private lending with first lien
22 July 2018 | 4 replies
Hi @Mitch Messer, Thanks for your reply, Just wondering if you could please advise also like in today's market where house prices are all time high/top, is it worth to buy and rent or wait and watch...Thanks
Phil Fowler
Seller Financing- rookie trying to understand the numbers
8 July 2018 | 4 replies
He said the park was bought for $1million, he put 10% down and the seller made an interest rate of 5%.If I understand correctly he put 100k down and the owner made 45k a year off interest or in other words, Brandon wrote a check for $3,750 a month?
Joseph Parker
Part-Time Agent Feasibility opinions
29 June 2018 | 1 reply
My boss/owner of the company would not get upset and actually encourages me to get involved in various groups and organizations in town knowing it will take up some work time here in the office.It obviously costs money to take the course and exam, then I need to find a brokerage to hold my license, correct?