3 February 2022 | 3 replies
How can you grow your masonry company and you become hands off with daily production?
5 February 2022 | 4 replies
Yardi is popular in the multifamily space and they have a cheaper product called Yardi Breeze, might be worth checking out.
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3 February 2022 | 3 replies
@Sean Thomas doubt you will find a lender that will have a product for rentals with that a low of down payment.
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21 February 2022 | 84 replies
After that, I started talking to lenders to figure out who had the product I needed and then who was the most responsive.
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10 May 2021 | 2 replies
If you are scaling up production beyond what you can pay for, you have to bring someone else in or else the pile on your back will get higher and higher, as will the responsibilities of running 3 flips at once.
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12 May 2021 | 15 replies
Many investors make good money, but they are miserable.There are several serious assets a person should have before they jump into real estate investing such as:a) enough cash to handle the unexpected repairs, vacancies, tenants who don't pay rent and legal costs,b) enough math skills and many other experiences about properties to understand whether or not the purchase of a property will result in a profit,c) enough math skills to calculate your profit at the end of every year and this includes understanding enough math to calculate your profits from depreciation, rent income, rent increases, property appreciation and increased property value that results from rent increases e.g. using the Gross Multiplier.d) the mental maturity and skills it takes to deal with tenants who, who destroy your property, don't pay their rent and then to deal with evictions and attorneys without getting stressed and going insane.e) be knowledgeable about real estate rent laws andf) ability to produce accurate bookkeeping records for banks annual audit and the IRS audits.So, when many people ask if the real estate business is good to get into I don't think it is right to just tell people, "'Anyone Can Do It".
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12 May 2021 | 6 replies
It would actually be counter productive to put your house hack in an LLC because you won't get the homestead.
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21 May 2021 | 19 replies
We will not take a unit out of commission not producing cash because we're waiting on Section 8 to complete an inspection.
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28 May 2021 | 19 replies
What appealed most to me about this property is the cashflow it produces, roughly around 14% COC return.
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15 May 2021 | 6 replies
Yes but get away from the expensive TK product ASAP.Did you move on to buy on your own and how did turn key help you, if at all?