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4 March 2024 | 14 replies
Decide if you want to focus on short-term tactics like property flipping, long-term wealth creation, or passive income generation.
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3 March 2024 | 6 replies
lol. asset cap rate should be higher than mortgage rate to begin with.this is the same as buy-hold , if i can invest to debt that generates 8% income why buying equity investment that appreciate less than 5%.
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1 March 2024 | 19 replies
There is some noise in this comment, but overall I appreciate it, especially on LinkedIn, where everything is an echo chamber of "I help create passive income for busy professionals", "Invest like the rich", "create financial freedom through real estate".
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2 March 2024 | 2 replies
So, I know once I can focus on it full-time, I’ll be able to double my income from the business.
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3 March 2024 | 7 replies
The holder of the note makes no real difference; in Jane's case, it might be more advantageous to her to hold the note than sell outright depending on how she can absorb the sale from a tax perspective; in your case you don't have enough income to do a conventional loan so getting a seller carry can give you more properties.
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2 March 2024 | 8 replies
Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.
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3 March 2024 | 3 replies
If you don't have patience or expertise or time I would just sell and 1031 exchange into a property that generates income, appreciates and helps build wealth.
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29 February 2024 | 2 replies
If you're looking for basic income/expense tracking, I'd suggest checking out Stessa.
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2 March 2024 | 11 replies
Currently have a couple rentals, a flip going on and made income from 2 different LLC last year.
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2 March 2024 | 11 replies
Really and how will he do this with zero income, and only 50k ?