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12 May 2024 | 2 replies
Don't "make a deal work", it either does or doesn't based on your criteria.
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10 May 2024 | 13 replies
The unit is rented consistently and is functional but also needs upgrades, new siding (has 2 layers), Some rooms could benefit from re-wiring and more insulation, Painting is always an issue as it is not plaster but older thin wallboard. kitchen is fairly new, bathroom could use upgrade, upstairs bedrooms have some pitched ceilings but I don't think based on the foundation/construction it is a candidate for a full second story and it had a new roof a few years ago.
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12 May 2024 | 33 replies
Your brain will eventually tune out the smell after a day or two - not a game changer for most, but the brain eating amoeba in the lake was, and I know many who now swear to never swim/boat/ski there again.
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13 May 2024 | 19 replies
This means that if the property was able to rent at top of the market rental price, call it "X", you would yield "Y" in cash flow based on the sales price and rental rates.Here is where you have to sharpen your pencil and if possible, visit the property in person.
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10 May 2024 | 6 replies
Most 2nd position lenders will want the investor to have skin in the game (invest their own money) AND be paid a double-digit return.When you purchase property, you ALWAYS need to have reserves, but in this scenario, you really need to have reserves since you will need to make 2 large debt payments every month.
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13 May 2024 | 79 replies
Keep in mind the definition of a millionaire is based on net worth, not money in the bank.
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13 May 2024 | 237 replies
After listening to 100 podcasts I felt I had the confidence and game plan necessary to start accumulating multi-family homes.
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10 May 2024 | 10 replies
Super late to this game, but Mojo Dialer has an add on for $40/month for unlimited skip-tracing.
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10 May 2024 | 6 replies
I Know postcards are much cheaper than letters, and I know mailers in general is a volume game.
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9 May 2024 | 8 replies
. - based on personal Income, Credit, DTI, etc (1-8 days)3.