Christopher Kolasa
Half net worth in 401k, time to stop contributing? Futures.
6 October 2020 | 4 replies
I have been weighing both options back and forth, and I think I should keep contributing and work on producing alternate funding strategies to being invested into real estate deals.
Nicolas Blish
Property Management: Self or Outsourced
1 October 2020 | 16 replies
With this being said now that you are taking on more work you could delegate them to a manager just to take that stress off of you so you can produce income to buy more.
Luis Moreno
Importance of a good contractor vs a bad one
24 September 2020 | 2 replies
Had great success buying my first rental because it was rented out a week after i bought it and produced $348 in cash flow since day one.
Luis Moreno
Third investment I bought in Greenwood IN
24 September 2020 | 0 replies
Luckily after we finished the house the market went up about $60,000 in that area and i minimized my loss by selling at $240,000 instead of $180,000. a lot of lessons learned and my next flip i started the day this one closed it took 3 weeks to complete and its going to produce a solid profit.
Gadiel Del Orbe
Dilemma with an ADU Conversion
24 July 2021 | 15 replies
Subsequent efforts should be able to leverage what you have learned and should produce additional savings acting as GC.Good luck
Collin Perry
Raw land keep it? Or sell it?
25 September 2020 | 4 replies
Like Dave said, you can get stuck carrying some interest for just the chance at a little more money, meanwhile that land is producing nothing.
Cayton Green
Suggestions from Experienced Austin Investors
16 October 2020 | 16 replies
An investment that produces positive cash flow is an asset.
Panayiotis Spanos
Self Employed - Finding financing in an expensive market
15 June 2021 | 6 replies
In the end, my loan broker had me write several letters and produce a balance sheet for his underwriters.
Colton Clark
Could low rates be bad?
27 September 2020 | 15 replies
They are targeting a higher level of inflation, so falling housing prices are exactly the opposite of what they're working to produce.
Daniel C.
2-3 unit buildings in commercial loan
29 September 2020 | 1 reply
Qualification is based on the asset producing a healthy enough NOI to cover debt by usually at least 1.20x (the Debt coverage ratio).