Hello.First post here.Been watching podcasts and read a few BP books.Looking to invest OOS in an area with lesser barrier to entry than here on the wedge of the Oregon Coast where 2/1 sfr are $200k+.Been researching d...
Hi all, I have been trying to find the requirements for the physical storage of gold and silver in a solo401k. Sense Financial says that the IRS requires precious metals owned by a solo 401k to be held by a financial ...
I see too many newbie investors get caught up with the numbers, when they should be perfecting soft skills. Ex: negotiation, relationship building, team management etc... Deals are created, not found. This is where yo...
Thought I would start a thread to see how different people define risk and take it into consideration.When I was in Grad School one of the finance advisors, who also manage money for other people, defined risk as "The...
once a seller asked me, in other words, 'so what do ya want? I got all kinds of properties, wutcha want?' and I remember fumbling through my mental script but now I'm thinking I should have told him what my heart felt...
I have a deal in Texas that the seller is asking me for money for EMD, and he is firm on this. Do you think I should pay now or not?Thank you for your guidance.
I bought a property for a friend in 2005. She rented if at cost of the mortgage payment due and I made no money off of her. She moved out in March and we have had to do extensive work to get it ready to sell. It will ...
I can't overemphasize the importance of knowing what is going on politically, socially and crime-wise in your target markets. Let me give a quick example- Clayton County on the southside of Atlanta, lost its accredit...
I understand the benefits behind hard money lending, its guarenteed return from your cash... however, what cases would a hard money lender trust someone they don't know/barely know? I'm getting to a point where I migh...
We got out first BRRR deal a few weeks ago and it’s still in escrow. We found out that costs of rehab is quite over our budget. We offered at $399,000. Rehab is $36,000 and ARV is $510,000. We are comfortable and expe...