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30 March 2024 | 22 replies
Just keep looking for a deal!
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30 March 2024 | 2 replies
Books I have read:- The Book On Estimating Rehab Costs by J Scott- Land lording on AutopilotBooks I own and want to read soon:- The Millionaire Real Estate Investor by Gary Keller-What Every Real Estate Investor Needs to Know about Cash Flow by Frank GallinelliMy question:Im lacking some knowledge as well as trying to understand the metrics investors use to keep track of different types of data both when buying and selling and also down the line for refi and PL spreadsheeting.
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30 March 2024 | 8 replies
Make sure to keep your formation paperwork (EIN letter, articles of organization, operating agreement) handy - the lender will need those.
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29 March 2024 | 5 replies
By doing so, from her perspective, if you miss a payment she keeps your 70k and takes the house back so thats really good protection.
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29 March 2024 | 5 replies
@Zeke Nickiei believe partnering is an intermediate to advanced strategystart with a house hack, keep learning from there, and look to partner once you've built up a portfolio / some expertise in somethinggood luck
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29 March 2024 | 12 replies
I first dismissed it as a way to race to the bottom so that they can keep making cashola off us like AirBNB's does.
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30 March 2024 | 7 replies
Also, keep some extra cash on hand in case you don't have renters for a while or need to fix something.
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1 April 2024 | 98 replies
We don’t have a lot of debt on these units, 60% LTV, which keeps the cash flow higher, but that is about 100% of total investment in the property, if not a bit more-cash out refi after holding for 3-5 years.
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29 March 2024 | 13 replies
Keep educating yourself.
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29 March 2024 | 8 replies
In addition, can you introduce some references explaining how to keep records acceptable for CPAs?