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20 August 2024 | 4 replies
I can't wait to purchase our first investment property as I know that is when we will really start learning how it all works.
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22 August 2024 | 2 replies
Very market specific.
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23 August 2024 | 4 replies
Has anyone found a hard money lender willing to finance properties with a purchase price below $50k?
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23 August 2024 | 3 replies
In my first contact with him (via email most likely) should I bring up wanting to purchase his home ?
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26 August 2024 | 37 replies
I used to attend all their webinars to learn about it and then opened my account once I changed employers, moved half my 401k and have purchased income producing real estate, invested in a business, bought some land, and also now holding notes.
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21 August 2024 | 26 replies
Airbnb is also very region specific, so picking a place with low vacancy (high demand) is very important.
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24 August 2024 | 4 replies
It shares very useful insights on how to purchase your first multifamily deal.
20 August 2024 | 4 replies
.- Business Setup: I’m setting up a new LLC specifically for this venture, which means the LLC will have no prior credit history or track record.- Investment Location: I plan to invest remotely in Birmingham, AL.
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21 August 2024 | 3 replies
Reinvestment/Expansion (10-20% of Income)Rule of Thumb: Allocate 10-20% of your income towards reinvestment in your business or properties.Why: This fund can be used for purchasing new properties, business expansion, or other growth opportunities, ensuring continued business development.Summary Breakdown:Mortgage Payments: 25-30%Operating Expenses: 30-35%Emergency Fund: 5-10%Capital Expenditures: 10-15%Paying Yourself: 10-15%Reinvestment/Expansion: 10-20%Adjust these percentages based on your specific circumstances, risk tolerance, and business goals.
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22 August 2024 | 1 reply
I completely get where you're coming from; the fear of starting can be daunting, but the rewards of pushing through that fear are immense.I’m involved in real estate investing, specifically focused on new construction duplexes in Indianapolis.