14 March 2024 | 2 replies
Then once they are rented out, I leverage the equity created and the rent coming in to use a DSCR loan to pull my money invested back out.
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14 March 2024 | 11 replies
Is your goal to create the income now, or in 10 years?
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14 March 2024 | 16 replies
Admittedly, it seems like he is needing to be a lot more hands on with the cheaper one, as she does not seem as experienced or knowing what questions to ask on front end to get a design knocked out quickly and efficiently.Things to think about with being an Airbnb host, that sort of stem from these questions: beyond some wall color choices and furniture selection, who is picking out dishes, flat ware, towels, blankets, sheets, pillows, mattresses.
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13 March 2024 | 4 replies
We are leaning towards bringing on a hard working administrative assistant to lighten the load and free up more time to focus on more pertinent tasks.Wondering if anyone can give us suggestions on the starting the process of being able to provide/offer health insurance to our employees.
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13 March 2024 | 13 replies
If you’re just getting started with mobiles John Fedro would be an excellent choice.
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14 March 2024 | 4 replies
maybe $12,000 - hard to create a business model with that volatility.
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14 March 2024 | 5 replies
And while I think there will be continued distress in various pockets and at various times, I don't expect it to hit all at once, creating an acute effect on prices.
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12 March 2024 | 8 replies
As a new investor, your product choices are limited.
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14 March 2024 | 6 replies
Now creating new plats today yes the jurisdiction is going to want legal access to accpet your plat for recording
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13 March 2024 | 6 replies
There are a few types of people who will buy your end of line flips….1) Those that will only buy truly safe … battle born… “equity the day I buy”.. opportunities And/or2) those that were trained to see real estate investing as a much more risky “ investment”… in other words “ a buy that “SHOULD” have value after appreciation”With Buyer group #1… if you provide truly investor grade deals that haven’t been stripped of most of the equity before you try to flip, you will build a following of investor grade buyers that WILL pay cash and CAN close “ as soon as the title search is done”… This will net smaller nets for you initially , but you will own a REAL Buyers list… that WILL have the experience… to REALLY CLOSE ASAP.And that will make your machine run MUCH more smoothly.Or2) you can initially max out your net on a few deals as you scape out most of the equity for yourself… but you will only be working with non experienced buyers.. who will buy ….one… realize that they are in WAY too deep… have no B plan.. and they will be FAR less likely to buy again… AND they may never even make it to your first closing .So.. your choice… cultivate a crop of GREAT slam dunk , low work load real buyer investors…. where all you need to do is find the property , mark it up a LITTLE ..and we do all of the rest of the work…Or sew a crop of weeds…I do spend a little bit of my time asking wholesalers to take me off of their lists.I would love to buy from you.I don’t want to spend my time doing the initial marketing.I am willing to pay for your valueBut I don’t buy properties that don’t have TWO exit strategies1) enough equity AT CLOSING so that, at the very least I could sell it TODAY without taking a loss…..AND2) after my expertise ….