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12 March 2024 | 2 replies
I am trying to avoid being marked as a HIGH RISK. business so I'm trying to find the best one that fits for that.
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12 March 2024 | 2 replies
I’ve had to change my strategy due to my city being a high market.
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12 March 2024 | 5 replies
As for books, if you haven't already, I highly recommend checking out "The Book on Rental Property Investing" by Brandon Turner.
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12 March 2024 | 9 replies
I'm sure your income would be higher renting by the room vs renting the whole home, but as long as there are comps to support a value high enough for a DSCR ratio of 1.00+, you should be in the clear.
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13 March 2024 | 9 replies
GP's receive fees (acquisition fee and asset management fee) + some "sweat equity".Lot more that goes into it, but that's high level.I've syndicated 10 deals so far, I love the model!
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13 March 2024 | 55 replies
Do not be transactional thinking you need to make a high commission on every deal, understand that the real money is in the long term relationship.
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12 March 2024 | 1 reply
I am a 18 year old in my last year of high school, for the past couple of months I've been gaining knowledge on whole sale real estate and I also have been taking a couple of the first steps to begin my career with wholesaling.
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12 March 2024 | 7 replies
@Tiffany Tan I would highly recommend hiring a CPA.
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12 March 2024 | 3 replies
There has been a lull since January 2023 to nowI think some NAR group researched that the Jacksonville Market had no growth / small negative growth in 2023.That is expected given the high growth in Jacksonville from the prior 10 years.I think the first 1/2 of 2024 will continue to be flat / negative.
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12 March 2024 | 3 replies
However, if you're looking for payment reliability, I'd recommend a slightly different strategy that aligns well with consistent income.Partnering with non-profit organizations that support vulnerable populations, like the Veterans Affairs or groups assisting people with developmental disabilities, could be highly beneficial.