Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Hello friends! I'm crowd-sourcing your BIG ideas, goals, and dreams for 2020. What do you want to do with your real estate business this year? Why? What are you going to do this year to move toward financial freedom? ...
It's been a topic mentioned extensively on the forums, podcast, blog, and in our webinars. EVERYONE seems to want to quit their job with real estate. We know it's possible, we've seen it done. What we don't have is ...
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Hello All,My friend and I are just starting out in the business. He has spent the last year within the Rich Dad consulting program. Would you recommend Fortune Builders over Rich Dad or vise versa?Would you recommen...
I am negotiating a billboard lease. I want to structure the lease to best facilitate a loan against the lease's income. I'm considering a 75-year lease with annual payments, escalators and perhaps revenue-sharing. Doe...
I've always just collected checks on my SFR in the past and that has worked, but I could be closing on a triplex soon and I am worried collecting checks will turn into a headache. Does anyone have a system/app/program...
Hello All!As the new year is approaching what’re your goals for 2023!? Let’s use this as a way to motivate and help one another achieve those goals 😁My goal for 2023 is to purchase my first duplex to house hack, get a...
I’ve purchased three cabins-beachfront-great location cabins on 1/2 acre. I want to develop Condos or townhomes but meanwhile vacation rent them to help cover costs. I’m finding a lockdown style 32-35% property manage...