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27 April 2024 | 5 replies
Hi Paul, You can use an SBA loan to purchase a self storage building as this type of asset is considered a business.
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24 April 2024 | 2 replies
We'd like to seek a construction loan to complete the build of our new home - does anyone know if a typical real estate rental business plan would be sufficient to show potential income increase?
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25 April 2024 | 6 replies
Is this a smarter way to get into the business and grow from there?
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27 April 2024 | 11 replies
Get out of Calif rental business.
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27 April 2024 | 5 replies
However, a common theme I hear when I ask them how they got into this business - they didn't know enough to be really risk averse.
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29 April 2024 | 31 replies
Thanks for your reply mate,Nobody is telling the little guy not to invest.I stressed what I think is a safer way of investing.If our turnkey model allowed leverage, we would have 10xed our business since 2014.I just don't believe in the model and me saying "all cash" is definitely not benefiting my company...To your example, the investor uses $100,000 to buy 4 properties at 90% LTV and a black swan event like Covid or interest rate hike happens and 3 go vacant and 2 need major turns.Then what?
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26 April 2024 | 12 replies
I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago.
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26 April 2024 | 145 replies
If it's real "popcorn finish" you would use you would use ton of spackle most likely have drying issues and cracks and still need quite a few coats and sanding.There is a process for removal that makes it relatively easy to scrape off.
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26 April 2024 | 0 replies
I can confirm that this description hits the nail right on the head.My Technical Expert traits have been fundamental in allowing us to steer Rentwell through the unpredictable nature of our business.
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27 April 2024 | 19 replies
I'm the opposite....I jut plow ahead and get myself into trouble :-)My business strategy is 'paint yourself into a corner and figure a way out'.