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21 July 2018 | 8 replies
Determine what your emergency fund (CapX) number should be, then fully fund it before you start taking money out.I know many in this forum don't go about it this way, which I also understand as well from a purely financial side.
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6 July 2018 | 2 replies
Below, you'll find what has helped me take steps toward my pursuit of achieving financial freedom through Real Estate Investing:PodcastsGeneral Real Estate investing (I haven't listened to them all, but these were very impactful for me).
7 July 2018 | 4 replies
I have my business expenses, living expenses, financial goals for both business and personal, and the value of my skills all accounted for in my rates.
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10 July 2018 | 1 reply
This property caught my eye for several reasonsmostly because I drive by it frequentlyit offers a commercial space, apartments, and mobile home lotsit's close to my other investments and where I liveI feel like this is an area ready to grow (it's the non-interstate link from big town to small town)it's not so expensive I can't find a way to do the dealI've been investigating mobile home investing lately, and this is one way to learn thatI don't have a physical office space for my business, and this would lend credibility to my business (and allow me to have high-speed internet, which I can't get currently)I can use an apartment and rent my SFR for morethe mixed use feels like diversificationI wouldn't be surprised to see an investor try to buy this and several other spaces up for a large developmentI see potential in possibly converting the mobiles to tiny houses and increase rents accordinglyI'm not in love with the deal, but a couple of those reasons would sway me to consider a less-than-great deal, for non-financial reasons.The numbers really look not very good, and it looks like a bad deal as it sits, considering I'm adding 1000 in rent increase and no rehab in this scenario.
9 July 2018 | 49 replies
I was the first to blame the Greeks in Greece for everything when the debt crunch came, because I was there and watched them bring financial doom on themselves.
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7 July 2018 | 7 replies
Once you have a clear estimation of expenses associated with losing the current tenant, repairing/improving for a new tenant, leasing fee, vacancy/loss of rent, decide if you’re financially ready to initiate the action which will cause your current paying tenant to move?
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23 July 2018 | 28 replies
I'm fairly new to note investing (and real estate investing in general) and am not accredited, however I have worked in investments (stocks, bonds, mutual funds, etc) for 6 years and actively invest in those arenas and am a CPA, so I'm pretty comfortable with financials/investments/risk/etc.
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7 July 2018 | 0 replies
How should I be positioning myself financially before I start inquiring about the refi?
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12 September 2018 | 5 replies
I know DFW area is a huge hotspot for RE and I would love to learn and grow and find other investors who are also striving for financial freedom like us!
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11 July 2018 | 6 replies
If not file a complaint with the state finance officeAlso if it is a state he is to be licensed to service in the borrower can also be in deeper hot waterStart with the state financial bureau that will light a fire under someoneYou can find the contact information herehttps://nationwidelicensingsystem.org/Pages/default.aspx