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9 June 2024 | 9 replies
I was more wondering how people are able to finance 100% of the deal so I could potentially start doing more at once / be able to tackle larger projects.
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9 June 2024 | 3 replies
@Nathan FrostThe advantage - some will do 90% and 100% construction but recognize your signing a personal guarantee and will be paying 10-12%+ for interestBenefits of a private lender are speed to close, creativity in cross collateralizing etcThere are a lot of people on BP that think oh private lending is less strict than banks and easier to get.
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10 June 2024 | 7 replies
i think that's 3 more than a lot of people make before they get frustrated and stop.so keep going.
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9 June 2024 | 6 replies
People are running their entire house from solar and selling back the excess to the electric company.
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7 June 2024 | 3 replies
It will familiarize you with the basic terminology and benefits.
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9 June 2024 | 2 replies
In addition to that he explained, and the best part for me as I am a bit of a visual learner, he showed how most people's rehab estimates are way off.
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9 June 2024 | 1 reply
If the system is not user friendly, people will move to simpler softwares.
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7 June 2024 | 0 replies
I have managed my rentals on a very basic spreadsheet (poorly managed) and it is time to clean up my accounting and legal structures.Can anyone opine on a cheap and effective software for the accounting side of the business?
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7 June 2024 | 11 replies
It will familiarize you with the basic terminology and benefits.
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10 June 2024 | 12 replies
The issue with folks selling these loans without knowing how actual residential loans (where you DO have to be licensed and are heavily regulated) are getting people into trouble with simply wrong advice etc.