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5 August 2018 | 48 replies
It would take a long post to break down in detail but basically I used none of my own money on my first deal and it had enough equity that I have been able to finance everything else since without adding any funds other than extracting equity from my properties.
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1 January 2019 | 5 replies
Basically, the typical," you don't know what you don't know", situation.
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6 August 2018 | 7 replies
I drive a lot for work so it's a perfect time for learning more about real estate and business.
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5 August 2018 | 13 replies
On the other hand, we would have the opportunity to learn the basics of management from an experienced career real estate investor, and perhaps slowly be able to convince him to sell his properties.
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11 August 2018 | 22 replies
@Joshua McFarlin, below are links thorough posts covering the basics of MHP valuation.
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4 August 2018 | 6 replies
I was so fired up that I called my husband on my drive home (1 hour) and explained Matthew's success verbatim (atleast it felt like it) and then I explained that we have to sell our house because as I exclaimed, "do you realize what type of money we are sitting on?"
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6 August 2018 | 12 replies
My accountant does have some experience with it and they basically set up the Chart of Accounts and transaction classes for me.
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7 August 2018 | 5 replies
Drive/walk the neighborhood to find properties that look vacant/unkempt and do a little research to find out who the owner is and see if they can be interested in selling.
7 August 2018 | 2 replies
You will need to know some basic info about the property though.
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7 August 2018 | 8 replies
While it doesn't allow for full tax deferral, it basically prompts you to pay taxes on the amount received each year.So essentially it prolongs your tax payments over the lifetime of installments you receive.