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28 October 2018 | 5 replies
My name is Molly Arnott and I am really amped about getting into more investing and finding financial freedom through real estate.
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29 October 2018 | 15 replies
I wanted to jump in and see if this wholesaling concept worked, I read about and it was time to take action.
26 October 2018 | 1 reply
However I would think that the property management route is the most simple to learn and probably the least financially rewarding.
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27 October 2018 | 3 replies
Will owning a financial commitment like an SFR loan place my company into a different status with regard to new fiducial/regulatory/reporting obligations?
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25 October 2018 | 1 reply
right now I just have my agent and my financial advisor at my bank, should I build a relationship with a lawyer before hand and find a house inspector as well ?
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25 October 2018 | 3 replies
One 2 Bd apt. and two houses, 5 bed's each.Financing Approach:80% Bank20% 10% down payment10% seller financing - terms to be negotiatedAnnual Financials:-5% vacancy (the market is emerging and vacancy is very low - we know this because we own a 4-unit in the same area, purchased from the same seller)-Rent roll: $55,800 - can be pushed up by $4,800 conservatively after rehabbing-Property Taxes: $4,277 -Insurance: $1,619-Maintenance / Capex: $11,160 (projected - 20% of rents)-Water / Sewer / Utilities: $6,200-Property Management: $3,600 In summary:At purchase:-$55,800 gross income-$21,903 total expensesPro-forma:-$60,600 gross income-$22,529 total expenses We want to get your thoughts on this deal.
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28 October 2018 | 5 replies
Financial freedom is when the income is generated without you having to spend time earning the income.
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25 October 2018 | 5 replies
Follow it up with research.After you have studied, met connections through meet ups naturally, and got your self financial sound, start to look for investments.
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4 March 2021 | 3 replies
Well done on taking action!