21 December 2018 | 0 replies
With that being said, I'm wondering if I should end the lease in January and start the BRRRR (mainly the RRR part).
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21 December 2018 | 3 replies
With the high demand for home inspector professionals, it has become a major hurdle to schedule one in short time spans.
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2 January 2019 | 38 replies
This is a general message mainly because you have given general information but build rapport with the seller as much as possibleand make sure they are confident of your execution to pay.
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1 January 2019 | 14 replies
They had one issue many years ago where the main line froze and it cost them a lot of money to fix.
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24 December 2018 | 70 replies
I started a Partnership with some friends and relatives who mainly are Stock Market Investors.The purpose of the Partnership, in this case an LLC, was to purchase a $1.5 Million 3 Family in Brooklyn, All Cash.3 months ago I told everyone to pull out their cash in the Stock Market.They completed their stock sales a few weeks ahead of the Market falling off the cliff.I then closed on the 3 Family at a very good Price, collected a $40k buyer's commission as I am also the Buyer Broker, and just finished renting the 3 Units, signing the last apt lease in a few days, getting approximately $6k per month in Cash Flow for the 1st year.Not only that, I am securing an Investment HELOC at a 50% LTV, so roughly $750k, which I can use to investing in the Stock Market.I had already anticipated the fall of the Market as the inevitable Corporate Tax breaks had to wear off eventually.There just isn't enough consumers that benefited, in my opinion, therefore Corporate Revenues cannot increase and profits has to either stabilize as the max Corporate Tax breaks levels off.Really, only one way to go.I am anticipating the decline to last for a while.As an Trader, however, I will eventually buy long term growth stocks but also hedge it with PUTs in case I get in a bit too early.My friends and relatives are ecstatic as they probably saved a decline in their net worth by as much as a $1 Million.BTW, there is an old saying, "It is easier to make the 1st Million than it is to keep the 1st Million."
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24 December 2018 | 19 replies
You just gave the main reason why both rules are, "porcelain bus" material.
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7 January 2019 | 14 replies
TREIA is also a great place to meet other investors, although I find the subgroups to be way better than the main meeting.
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3 January 2019 | 3 replies
If you were to attend what would you want added to this event and what main takeaway(s) would you want to get for attending?
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30 December 2018 | 8 replies
Within the last 2-3 years, real estate investing has sparked a big interest in me and I know this is one of the main routes I want to pursue to make a living.
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23 December 2018 | 7 replies
@Dylan LeBlanc yes those are the two main options