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29 August 2024 | 5 replies
A long as you purchased more than you sold.
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28 August 2024 | 16 replies
I've heard about services like BatchSkipTracing, PropStream, and Skip Genie that others have had success with, but I'd love to hear what you've discovered.Also, how's the St.
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28 August 2024 | 22 replies
This term has nothing to do with being licensed to write insurance or not.
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26 August 2024 | 4 replies
I searched online but couldn't find any answers.What does the process look like and how long does it typically take?
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28 August 2024 | 32 replies
Over time, gain knowledge and experience so that one day 3 or 4 deals down the road, one is ready to handle the huge responsibility of taking care of other people’s cash.One should also take stock of where they are at - what strength and capabilities they have, what income, what amount of capital, who their social and professional sphere is, etc etc and then come up with a real aka tic plan as to how to proceed.This all can be done but it takes a cold hard assessment of reality and then consistent effort over time to make it happen.Now that @Amir owns some rental property, he can tell his friends, family and associates about it and as they see him do well, NOW he will have more success asking for capital to do bigger deals.There’s an expression How does one eat an elephant?
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28 August 2024 | 7 replies
@Emmanuel OlaIf you can get a longer term conventional loan I would choose that over a hard money loan every time - this is of course assuming the hard money loan has higher interest rate as well as a shorter maturity date
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25 August 2024 | 6 replies
Buying a foreclosure property expect that it is going to need some significant work to get it sellable - so consider it a fix and flip.Not seeing too many short sales today but be patient as they can take a long timeIf you are starting out, it depends on your level of risk as mls I would consider lower risk than foreclosure since you can actually see the property
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28 August 2024 | 4 replies
A Hotel and AirBNB are both short term rental models.
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24 August 2024 | 9 replies
@Zac LindquistNo VAs are used here; I think I will self-manage as long as possible.My occupancy would be close to 100%, but because of house hacking, sometimes I choose a gap between TMP contracts so family can visit.I only list on Furnished Finder (FF).
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30 August 2024 | 9 replies
There's only so long one can hang onto unrealized losses when the cracks start to emerge.