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28 November 2020 | 36 replies
When you add payments, or use your money to pay down the mortgage, or have negative Cash Flow, you have examples of paying out of pocket, and you are just adding to the Investor's Cost...and it's that Investor's Cost that you have to recover before you make a profit.Unless you access that equity now, that equity has no actual value...it's virtual money that exists only on paper...and more importantly, can be here today, and gone tomorrow.
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29 November 2020 | 4 replies
My thing is I'm in Chicago, so if I choose to start off by wholesaling, Mostly all, if Not all of my deals are going to have to be virtual - which then means, (I think), that I would have to have boots on the ground wherever the property is, for someone to lay eyes on it.
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28 November 2020 | 2 replies
.#5 Practice, Practice, PracticeWalkthrough potential rehab properties (or find properties virtually online) and practice creating detailed scopes of work, quantifying repairs and estimating rehab costs for the projects.#6 Get Your First Rehab ProjectYou can practice all you want, but ultimately you will learn the most about estimating rehab costs by actually rehabbing a house.
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25 November 2020 | 2 replies
I'm currently in my third semester of a 2 year associates degree program in CNC Machining.
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27 November 2020 | 11 replies
I believe they are having monthly virtual meetings at the moment.
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28 November 2020 | 6 replies
I tried to explain about how a hot market would be really hard to break into for a virtual wholesaler with no experience and no money and no real estate knowledge.
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8 December 2020 | 4 replies
We completed gutted the house and replaced virtually everything except for the hardwood floors we were able to refinish those.
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1 December 2020 | 3 replies
YUP Tesla is going to change the automotive world no doubt.. i am starting to add EV charging out lets in my spec homes garages.. and I tell folks you may not need it now.. but in the next 10 years virtually everyone will have at least one EV.