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Results (10,000+)
Cameron Dierking Gaining Entry into real estate by building a service business
16 April 2021 | 11 replies
I don’t even see turnkey rentals as a passive activity - it will eat up my time for meager cash flow that I can live without.
Kent Lord Our Needs For Leads!
13 April 2021 | 1 reply
When I poop, eat. shower (who am I kidding...
Nathan Gesner What to do when Tenant is arrested?
17 April 2021 | 36 replies
The personal belongings can already be declared abandoned and I can do with them what I want, so an eviction only serves to add another layer of formality but it also eats up time and money.I just want the stuff out.
Jenna Barnes Would using hard money/private money be a good first deal?
17 April 2021 | 15 replies
(they don’t want it back and to move it themselves, they want you to sell it and come back for more business) Now considering the number of properties funded at any given moment and the ROI these HML’s are getting, it would be quite an extraordinary thing to go through this entire process and not having them work with you on this (because the amount of money stood to be lost in these proceedings eats back into the amount derived from things such as an extension on the loan and simply charging you points for doing so) Again, the ‘worse case scenario’ here I’m describing.Having said ALL of this and hopping over to PMI- this really depends on your PMI source- it could be easily assumed that for some people, working with the 'Frist Bank of Mom and Dad' as your PMI would be less complicated and seem less cumbersome (not in all cases and 'mom & dad; could be anyone) Odds are if they aren't related to you the ROI they expect could be much higher than a relative (on avg it seems maybe around 10%+, whereas a family member may ask for prime alone or something like .5%-1% above prime) My best advice would be to speak with possible PMIs you may already know as well as HMLs and simply become educated on what their requirements are- knowing what you qualify for, or alternatively don't (if you can take HMLs off the table right away knowing before you apply you don't qualify, it's going to save time in working your PMI angle faster) The single MOST important thing to keep in mind above all else is this; no matter who you work with PMI or HML- keeping lines of communication open is virial to not only the deal, but any future deals you will have with them (as they are financing) - IF anything looks like it's going to go wrong (say missing a payment) let them know so they can work with you and NEVER against you Hope this helps!
Patrick Flanagan Actionable steps towards success
16 April 2021 | 4 replies
Real estate goals-Next 90 days I want to buy a out of state 4 plex-locate a market -build relationships with out of state core 4-post on bigger pockets daily-listen to 1 podcast daily - listen to 1 hours of a real estate related bookFitness goals-I have a fitness trainer -get back in the gym🥴-follow my meal plan and eat right -stop drinking Relationship goals-tell my wife how beautiful she is multiple times a day-take her on a date 1-2 times a month -make dinner so she doesn’t have too -do the laundry more🙃😅(for me the pain of doing this is probably equal to the pain she felt durning labor.....😂)Baby girl- -wake up in the middle of the night and tend to her as best as I can-when I’m holding her out my phone on airplane mode -buy more real estate for her4 year goal I want to own 8 4 plexes and replace my income to own a real estate agent firm.
Account Closed There is No Inflation - What? - So Says Powell at the Fed
17 April 2021 | 7 replies
The gubmint has massive power and they can impose it on us, and we will always be shocked and dismayed when the state reveals it is essentially a repressive institution and doesn't really give a damn about anything other than maintaining its power over us.Sooner or later, the free money giveaways are going to going to screw us but good, no matter how much the gubmint try to hide away the real inflation happening.I'll tell my story on the podcast, but do you know what it's like to arrange with your cousin in Athens for her to fly to Rome to pick up Western Union money and fly back so your aunt can buy groceries and not eat at a church soup kitchen?
Colby Wise House Hacking in Los Angeles: Rent vs Buy Fourplex Multifamily
26 July 2021 | 6 replies
What about the area - I know these are not the most cost-conscious areas in LA...?
Allen Wu Sell or not sell? Los Angeles, CA area.
30 April 2021 | 13 replies
So, my thought is to just keep it, eat the $300 a month and ride the appreciation train since this area has done well for me.
Account Closed Foreclosures are coming back
10 May 2021 | 61 replies
Think of a snake trying to eat a pig.