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7 September 2016 | 16 replies
I've considered 'encumburing' them with my own entity financing at that point as an LLC alternative, but I am early in researching that method.
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15 September 2016 | 7 replies
I dont think one method is better than the other all the time just depends.
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31 August 2019 | 27 replies
Here's an example what I mean when I say your profit comes after you recover your costs (cash you put in):Property Terms: Purchase Price = $100kOption #1: Buy all cash1 - Cash in (cost to you) = $100k2 - Cash Flow = $10k/year3 - Years to full recover of cash/cost = 104 - Profit during years 1 - 10 = $05 - Next purchase using same Option Method (all cash) = Year 11 = 2 properties ($20k cf)6 - Next purchase using same Option Method (all cash) = Year 16 = 3 properties ($30k cf)Option #2: Buy $20k DP; finance $80kcash1 - Cash in (cost to you) = $20k2 - Cash Flow = $5k/year3 - Years to full recover of cash/cost = 44 - Profit during years 1 - 10 = $30k (last 6 yrs)5 - Next purchase using same Option Method (20% DP) = year 5. ...if you buy a new property every time you accumulate $20k in CF for the DP (and add $5k in new cf/property)...6 - In year 16 (when the other Option has 3 properties and $30k CF/year) this option would have = 17 properties and $85k in cf/yr)7 - In year 21, this Option would have 53 properties and $265k in cf/yr...if they continued buying new properties using the same Method.
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1 January 2019 | 10 replies
Using the BRRRR method I would pull out the costs and borrowed money plus interest in a conventional loan once rented.
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8 December 2023 | 5 replies
House hacking is a classic method.
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4 December 2019 | 10 replies
Return the call to the city and tell them that you tried repeatedly to contact them through different methods with no luck.
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17 May 2020 | 34 replies
The vast majority of commercial loans require 25% down and there is a method behind that madness.
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21 May 2020 | 1 reply
If your problem tenants continue to get notices, but the notices are essentially the same, then they're obviously not taking them seriously.Another method I have heard of but have not had to implement myself yet is essentially paying them to move.
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4 May 2020 | 9 replies
Cash is the only method I see as problematic if the person doesn't intend to be physically present.
25 April 2020 | 1 reply
Hey Kayla,While Newspaper ads and mailings are good methods of marketing, they're a lot more expensive than some of the digital options out there.I'd recommend a CRM that has email and text blast capabilities. i.e.