5 July 2024 | 10 replies
This is for a long term hold for at least the next 10 years.
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5 July 2024 | 2 replies
You originally said "your grandpa currently owns" but later said if he sells he has to pay his wife's family a percentage.
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5 July 2024 | 4 replies
Any other local industries with short term employment?
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5 July 2024 | 0 replies
So, here at the 6 month check in, here are the things I've been doing since January 2024: *Anchored everything to my WHY, including the motivations and long-term strategy *Joined a local REI group hosted by my church*Researched tax lien investing in Harford County, MD and decided to not play in that space this year*Read a few REI books (Rich Dad Poor Dad, One Rental At A Time, Building Wealth One House at a Time, Wealth Without Cash, Building Real Estate Wealth in a Changing Market)*Subscribed to a bunch of good YouTube channels (BP, ORAAT, Ken McElroy, Coach Carson...)
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5 July 2024 | 4 replies
The rehab came in just under $20k but I originally budgeted $15k.
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5 July 2024 | 6 replies
Hey Emily, I think it is worth it if it is expected to cash flow some in the long term.
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4 July 2024 | 12 replies
I am committed to managing the project diligently, ensuring that every aspect of the rehabilitation process is executed with precision and efficiency.I am open to discussing various investment structures and terms that would be mutually beneficial.
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10 July 2024 | 87 replies
I do not need every potential client just those that work well for a long term relationship where both parties respect each others time and skills.When a broker or agent is already wealthy they can define when they will work and with whom.
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5 July 2024 | 4 replies
spoke to a guy earlier this week that has started and sold several. noted if you do not have $2M to start with its probably going to be extremely challenging as you need to get to $200M in originations a year to really make it worth the while as there are specific staff like compliance etc. that are needed from the get go.Having started several businesses i have learned trying to do it with staff and only a few hundred grand will not work.Thats also thing with loan officers, most states now require them to be W2 not 1099.