Joseph Vaughn
RE rookie and first-time home buyer from Athens, Georgia
5 October 2021 | 8 replies
Anyways, my goal is to build a passive income stream to reach financial independence so that I can either start a nonprofit or small business where I help landowners who have historically struggled to access markets to sell their timber for either forest products like lumber, or carbon credits to help offset larger companies carbon emissions.
Nick Brown
Goals for rental properties
5 July 2021 | 6 replies
Slow and steady really does with the race.
Ken Latchers
20% -ish Down Noncomforming loans
4 July 2021 | 1 reply
I couldnt count "future income" so they think I was losing about $2000 monthly when in fact I would be making at least an extra $2500 with the new place.My buyers broker suggested a mortgagor that has many loan products including a 20% down nonconforming mortgage.
David Lopez
First rental property
5 July 2021 | 6 replies
However there are FHA products that allow some limited rehabilitation funds.
Nick Beers
Newly Licensed Mobile Home Dealer - Pricing
4 July 2021 | 2 replies
Most are slow to respond or don't respond at all.
Account Closed
Austin Softwate Engineering Market
12 July 2021 | 7 replies
Unlike residential investors, companies make decisions to move HQ's or expand employment that tend to last decades, so high tech growth in Austin is not something that will slow down anytime soon.
Anuj Ansal
Water Backup Contractors
6 July 2021 | 5 replies
As you are vetting contractors, I'd recommending trying to understand what product they will be using.
Thomas Weidner
Would you sell your dream home?
5 July 2021 | 5 replies
Well when that happens obviously there isn’t as much production and it goes down the line.
Jordan Slater
$130k seed money!! Suggestions for next move?
6 July 2021 | 4 replies
If you could find two flip-and-hold properties a year that met even a 90% cash-out refinance metric, you could build a portfolio of a dozen rentals before you even had to think about where to access more capital.That might be a slower strategy than you hope for, but if you did it that way, you'd definitely have a stable, productive portfolio that would spin off a fair amount of cash-flow.
Andrew Duncan
Advice for moving towards full time investing
8 July 2021 | 8 replies
Lastly, I am looking at a 14 unit building for $1.2 million which I would have to sell my current place, and take a small loan to purchase, but after paying all expenses and the note I see it cashflowing 60-70k per year, however it would take awhile to pull any equity out of it therefore slowing how fast I can grow aside from the money I save from my job.Obviously my COC returns would be really good for my current property since I only put 9k down on it originally but as far as long term cashflow I don't see it as a home run except for the fact that I can pull equity from it.