Scott Trench
Help Me Understand the Fed's Most Recent Rate Hike?
Up until now, I've been cheering the Fed on, grateful that Jerome Powell took his lumps for the way too easy money policies in late 2021, and cranked hard on interest rates to beat inflation. I think in 2022, this Fed...
Jeffery Waicak
Habits of wealthy people
I was looking at Grant cordone' s Twitter. He said that something like 68% of wealthy people do cardio 4x a week 26% of poor people do. 90% of wealthy people read 30 minutes a day. 2% of poor people do. What other h...
Jay Hinrichs
Have you had a property stolen from you IE deed you did not sign
Well it happened to me this week.. its a long drawn out story.. but here goes.I sell a OREO on a land contract.. the buyer sells to another buyer on land contract.. This new buyer it appears wanted to make sure my b...
Nana Sefa
Owner’s title insurance - to get or not?
Which of you get owner’s title insurance? And who doesn’t get owner’s title? Why do you get or not get? Thank you.
James Gravitt
RMLO License/SAFE ACT
I was thinking about getting my license to become a loan originator. Its only 4 days worth of class time and it costs around $300.
With this I could also do loan originations for other people and charge a fee.
Do yo...
Isaiah Cuellar
Paying off a property in 3 years?
Good morning everyone, I was wondering, if I want a property paid off in three years, and I put 20% down, should I put as much as I can monthly (I can add an extra $4,000 per month) or, should I put the $4,000 each mo...
Marc C.
Syndicators: Why can't we make distribution calculations simpler?
Many syndicators/sponsors are offering a "waterfall" payout arrangement to their investors, whereby the investor first gets a "preferred return "of 8%, and then 75% of any cash flow left over after the preferred retur...
Tracey B.
will owning lots of rentals bring future wealth?
I have had this debate on another board with investors as well as my hubby. What do you guys think about someone wanting to stack up lots of rentals as an investment so that in 10 to 15 years they can sell or continue...
Felix Krull
Found a bank owned house for 21k
I ran a screen and came across a 3/1.5 1130 sf house. I've played with some numbers and I figure with 20% down with a 4.75% note I would only have a monthly payment of about $100.
I looked the property up on the cou...
Ulrick Edmonds
Self Directed IRA Usage
I’m looking for some advice and or ideas in my first deal using a Self Directed IRA. We have a place under contract. The ARV is $40k - $50k more than the purchase price. Once all repairs and updates are included what ...