19 December 2019 | 17 replies
I did use one years ago on a flip, for space purposes, worked great, allowed me to grow the kitchen.
12 August 2018 | 5 replies
If you decide to sell with a repairing/rehab a total renovation might work out the best for you in the long run, especially depending on it's age.
15 August 2018 | 15 replies
Contributions to the 401k may preserve the 20% deductionHow big a portfolio do you intend to grow?
9 August 2018 | 4 replies
The Instagram account is called "Broke and Growing".I appreciate you guys taking the time to get to know me a little better.
7 August 2018 | 1 reply
@Josue Godoy This is a loaded question- If you are planning on being very specialized in a single area it would make sense to go one way or another...this is an oversimplification, but the point is to be diverse enough that you can process any type of deal...for example, really focus on an area you like well...like flipping, but learn how to hold properties as well, and whatever else you want to learn...as you grow, you'll be receiving many leads from different sources...and the point of this rationale is that you should have enough tools in your toolbelt to put your deals in a "best use" funnel...then profit on the other side.I'm only adopting this position because you are so young and have so much time in the industry to elect to pursue and specialize in one strategy.The simple answer is related to your goals...assuming you want passive income to replace your W2 means that you will need to buy and hold properties...similarly, if you start flipping properties, you're creating another job for yourself and creating a liability.
11 September 2018 | 12 replies
Do I need this money to live on or grow my business?????
8 December 2018 | 10 replies
Its been going really good and my business is growing every year.
9 August 2018 | 9 replies
The follow criteria is what the park is consisted of:Rent control all age park with pool 33 space filled - rents range from $321-$7002 POH renting at $850, electricity sub metered 1 empty lot (might not be permitted for extra 3) On Septic (2x a year) and Well (370 ft deep send sample out once a yr) sitting on 4 acrescan only raise rents 2% every Dec20-21k gross per month/ 25% cost of utilities -- 900k left on noteNOI might roughly be around 170-180k
15 August 2018 | 9 replies
I struggle with whether I should take some money off the table and sell off some properties, reinvest in other areas that cash flow with some more room to grow on the apprecIation side, or just play the long game and ride it out.
22 September 2018 | 5 replies
It has continued to grow, but I am interested in pulling all of the funds out to use for investing in deals for myself.