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29 May 2024 | 15 replies
Ultimately, section 8 housing can be a great way to build your rental units due to guaranteed income.
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29 May 2024 | 18 replies
I have decent reserves, but it wouldn't hurt to build them up a little more before considering paying down the mortgage.
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28 May 2024 | 42 replies
There's a building in Farmington Hills for sale that's already set up to be assisted living.
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28 May 2024 | 68 replies
They live on the first floor of a small ten-unit building.
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25 May 2024 | 10 replies
BUT they go into what they're currently working on, what/who they're seeking at this event, and I get a good sense of where they're at along their journey.One of the best books I read on the subject of effective networking/relationship building was Never Eat Alone by Keith Ferrazi.
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26 May 2024 | 14 replies
If you go that route, you should and will, build a relationship over time.
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26 May 2024 | 28 replies
Save the cashflow - and everything else you can - to build a pile of cash for another investment.
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27 May 2024 | 4 replies
Depending on your income You get to take depreciation off your regular income (usually up to $25k) of 3.6% per year of the building’s value.Many of your everyday expense can be deducted from your income as business expenses.
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28 May 2024 | 1 reply
When speaking to the owner (building rapport), your main goal is to figure out which of these main 3 is most important to them.
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29 May 2024 | 9 replies
Therefore trying to get a bit creative with the financing.Positive cash flow will almost be impossible (as I'll have to probably take one bed away, and then build a bath and a kitchen) in what I've been finding, so Im trying to offset the mortgage as much as possible.Long term, ideally I get to keep it and the 2nd unit adds to the cash flow if I ever dont need it anymore.