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28 March 2024 | 13 replies
I have done around 50 deals, but only 5 with this model.
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1 April 2024 | 67 replies
Finally, on the business side of things, if I fill my mission to provide a product that is better than the competition or simply not offered by the competition, I shouldn't need to rely on potentially cheap marketing on BP.I understand it'd be silly to not do business if it can be a win-win for all involved but there is the right way to do things and you actually did by contacting me.
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29 March 2024 | 17 replies
I don't say this because I'm a HML, but because I just don't like the risk/liability of holding a rental property in my own name.But again, I'm not in that business...Maybe someone who is can shed some light / give better advice...
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30 March 2024 | 6 replies
I don’t plan on trying to do all of those business ventures on the same parcel of land.
30 March 2024 | 17 replies
Last but not least, my business partner Chris just mentioned to me this website which it seems to be pretty accurate in terms of market rent. https://www.rentometer.com
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30 March 2024 | 25 replies
Historical data, new developmental attractions, business relocation, local policy, etc.
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29 March 2024 | 7 replies
I own a business doing about 20K a month but that won't qualify me for a loan due to the timeframe of my business, and my parent's cosign won't help with their DTI ratio after I purchased this second property.
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29 March 2024 | 11 replies
I was envisioning a two part calculation for the monthly mortgage payment - I see it as a VA loan analogy with no money down but the loan structured with two interest rates (one for the TSP down payment and one for the 30 yr fixed rate mortgage).I guess the real question to ask myself (using your situation as the model, assuming positive cash flow once TSP is repaid) is whether I am okay tolerating the potential 60 months of negative cash flow to get to the positive cash flow after 5 years.- Maybe if it gets the deal going and leads to a cash out refinance before the 5 year mark that allows me to speed up the TSP pay off.Wow - Great food for thought.
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29 March 2024 | 32 replies
Some of the higher ups must be wanting a "business" trip to Cancun that can be written off.
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29 March 2024 | 8 replies
We have been buying and holding properties for 22 years, but only recently started thinking of it as a business.