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10 January 2024 | 5 replies
Lastly, always remember that building connections takes time and consistency, be patient and give back generously.
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9 May 2016 | 32 replies
And there's very little chance of calling them to talk over a loan assumption or satisfaction.
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1 February 2022 | 82 replies
When you are working with a lender on your first purchase, talk about this with him or her so that you understand exactly how they will handle this (there are or were rules for new landlords that I don’t remember clearly)4) unless you are diving into this full time, taking down a deal or more per month (or at least a number of deals per year), be patient.
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25 July 2023 | 15 replies
Hello Folks - This is my first post at BiggerPockets so please be patient with me.
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5 January 2024 | 4 replies
Your commitment to client satisfaction and contributing to this community is invaluable.
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10 January 2024 | 0 replies
Well, think about your expenses in life—things like bills, groceries, and maybe even saving for the future.Your cash flow from your rental property can help cover these expenses.It's like having a part-time job that pays your bills.Investors who prioritize the cash flow path often look for properties in stable, well-established neighborhoods where they can charge reasonable rent prices.They want their rental income to be consistent and dependable, just like your allowance or paycheck.This approach is great for investors who value financial stability and want to make sure they can cover their expenses and maybe even have some extra money left over.However, there's a trade-off.Properties that generate high cash flow might not see their value increase rapidly over time.It's like having money in a savings account—it's safe, but it might not grow significantly.So, if you're someone who wants steady income and doesn't mind slower growth in property value, the cash flow path could be a good choice for you.In summary, the cash flow path in real estate is all about earning regular rental income from your investment property.It's like having a reliable source of money to cover your expenses.While it might not make your investment value skyrocket quickly, it provides stability and peace of mind.So, whether you're saving for that new video game or planning for your future, the cash flow path can help you achieve your financial goals.The Growth PathThe Growth Path in real estate investing is like choosing to take the scenic route to financial success.It's all about the long game, where you patiently wait for your investments to grow and become more valuable over time.Think of it this way: Imagine you plant a tiny sapling in your backyard.At first, it's just a small, fragile tree.
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7 June 2022 | 41 replies
The bank has an interest in their vendors performing well to everyone's satisfaction.
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20 April 2023 | 5 replies
We are all patiently waiting for interest rates to drop, which will also improve cash flow in the future.
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28 December 2022 | 5 replies
I patiently listened and didn’t say anything knowing his ego would be bruised if I mentioned anything and he probably wouldn’t give me any details.
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23 December 2018 | 40 replies
Just need to be patient and find the right deal(s).