AQui Mizrahi
Just getting started. Do I honestly need a real estate agent?
22 November 2015 | 8 replies
First point of negotiation is removing 6% because they aren't using an agent - or in some cases splitting the cost so both see a benefit.
Simon Cox
How's the market in Buffalo, NY?
22 November 2015 | 5 replies
People are starting to see the benefits of living in Buffalo, and love it.
Charles Terrizzi
Business model ideas
27 December 2015 | 13 replies
As a landlord, part of your benefits of holding will be through depreciation.
Kevin Kendall
Scedule E, Scedule C or 1065 partnership
22 November 2015 | 6 replies
Doe we get better tax benefits on the schedule e?
John Lyons
New member from central KY.
22 November 2015 | 7 replies
You will benefit greatly from the tools and the knowledge and the support you will find here.Click here to sign up for the next free Webinar!
Laura N.
Rent out or sell
24 November 2015 | 8 replies
Then later you will be putting in quite a bit of cash if it needs all the things you say.The only benefit to holding would be the monthly equity buildup thru principal reduction on your mortgage, which is a slow, (and some depreciation) but fairly sure way to amass equity, a free house in 15 to 30 years is a great thing., but 30 years is a long time...however you have to be prepared for the possibility that the rents could go down and not cover the mortgage (not too likely in my opinion) or the vacancy factor could go up and you again may not be able to cover the mortgage.Lastly if we have another crash in values and it goes down under what you owe then your $35k equity could disappear.These scenarios could cause you to end up giving it back to the bank and ruin you credit thru no fault of your own.
Blake Boyles
Starting with nothing but knowledge and motivation!
23 November 2015 | 8 replies
Take premature, massive action based on Instruction not Education.The benefits of Wholesaling:Zero to Very Little Financial Risk - Only a very small deposit ($100) and marketing dollars (much of this can be compensated for with Grit, Determination and Persistence) are at risk.Zero to Very Little Real Estate Knowledge Required - Wholesaling has almost nothing to do with real estate and everything to do with running a pawn shop.Fast - By far this is the fastest path to a massive cash position in the shortest amount of time that we have found.Scale - By following very simple rules (focus on a single exit strategy and a single marketing channel and being an owner/founder not a real estate expert) you can quickly create a business that is a servant to you rather than creating a job you serve.True Freedom - This is difficult to define and different for everyone but I can say this with certainty.
Jarred Sleeth
5 unit commercial strip, is this a deal?
24 November 2015 | 30 replies
The acquisition costs are unsecured and you lose a lot of benefits of investing in a tangible asset that you actually own and control.
Chad Jarrah
Private Lending/Personal Line of Credit - Experienced Flipper
22 November 2015 | 5 replies
I hesitate to involve family with money matters even though a lending partnership could potentially benefit both sides - I just prefer to keep that separate.
Sal Mazzone
First Driving For Dollars / Neighborhood scoping
22 November 2015 | 1 reply
This had two benefits; 1.)