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16 May 2024 | 13 replies
I'll split this post into two parts based on your question...NUMBER 1: OBTAINING POSITIVE CASH FLOWIt comes down to many factors, but a few key factors that I have found that have the largest impact on the property's cash flow are below (The below generally holds true for any market.
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15 May 2024 | 7 replies
Definitely a good idea to chat with a tax pro who gets the real estate game to make sure you’re set up right.
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15 May 2024 | 1 reply
Those words are haunting me.
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16 May 2024 | 20 replies
@David Wallace, this strategy is fantastic—it really reminds me of the sales game where the aim is to get to a 'NO' as quickly as possible.
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15 May 2024 | 2 replies
She was told by our local power company, PPL, that our meter base needed to be upgraded, THEN they could put her meter in (there was no meter in her unit because the previous tenant moved and it has been unoccupied for a few months).
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13 May 2024 | 13 replies
That way you'll have someone that will go to court with/for you vs having some coach/mentor that won't be there when things really go sideways.Another thought I always have when someone asks about coaching/mentorship programs is: How much longer will it take you to actually get in the game if you spend $$ on coaching?
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15 May 2024 | 12 replies
I personally prefer when investors have some skin in the game.
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17 May 2024 | 1 reply
And then, , with the trend back towards insourcing, meaning manufacture of goods in the United States based on what happened with the supply chain and China, , investing in areas along major interstates is probably a good idea to the transportation and logistics is going to be very, , very strong there.
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16 May 2024 | 3 replies
Far too risky and unlikely to succeed.It's unclear what the $2,500 monthly payment is based onAny one of the owner or mortgage or lien holders can force the foreclosure of the property.
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16 May 2024 | 2 replies
If there is enough equity within the properties based on their appraised value, you may be able to do a packaged loan for these two properties and then have enough equity for a down payment on another property.