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7 April 2022 | 7 replies
With the $27,000 difference you can begin investing in some interesting deals meeting your risk, time, and profit potential criteria.When put in this light how ridiculous is it that people will spend $38,000 for “mentoring” to “learn” one specific investing strategy that may not work for them, from someone who may not have successfully implemented the strategy himself or may have just been luckily if he had.
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4 August 2019 | 19 replies
However - the "fun" part is building an operating team and implemented processes to run the property.Keep us posted.
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21 July 2019 | 26 replies
I was going to do it all online but it sounds like the paper application route is a good test that a lot of successful landlords implement.
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22 July 2019 | 22 replies
I put a part in the addendum that dog nails are to be kept clipped to prevent damage to floors (all types).
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20 July 2019 | 13 replies
@Cody Richard Just look up HUD’s guideline:4155.1 4.B.2.c FHA-Insured Mortgages on Principal Residences and Investment Properties“To prevent circumvention of the restrictions on making FHA-insured mortgages to investors, FHA generally will not insure more than one principal residence mortgage for any borrower.
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27 August 2019 | 41 replies
Meanwhile, Trump is enticing businesses to the US and removing regulation: 22 regulations removed for each one implemented.
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19 July 2019 | 3 replies
What strategies are you implementing to protect your investments?
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29 July 2019 | 10 replies
So (and no offence) the laws were passed to prevent what you are doing.
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21 July 2019 | 6 replies
HI Aaron,I have successfully implemented these strategies of exceeding the 10 financed properties limit via utilizing an entity to operate/hold your properties.The guidelines for this have changed over time where you needed to have both the title and the note/mortgage in the name of your entity.What some investors do is they will max out on their 10 fannie/freddie loans and then they will package them up and go to a local bank like lone star bank in TX and get a commercial note at 20-25yr fixed to refi all 10 into their LLC and remove the liability off their personal name/credit.
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23 July 2019 | 32 replies
Running longer creates some challenges (icing, for example), but every properly functioning system has mechanisms to prevent freezing, compressor overheating, etc.