19 November 2021 | 9 replies
My main goals are:-building long-term wealth to live on my own means-keeping my work meaningful by serving others through what I do and creating constructive relationships How I plan to do it:-Buy a house/multifamily to house hack within the next 6 months-potentially wholesaling in my area (KC) alone or with a JV partner-Getting my real estate license to become a full-time agent and work for KWI am looking for recommendations regarding a few questions I have:Once I complete the necessary training, what is a good time to quit my day job to pour fully into being an agent?
24 October 2021 | 57 replies
My goal would be able to invest as my main source for income.
11 January 2022 | 18 replies
Thank you for your answer @Mike LambertWhat I am interested in is a room with a bathroom .But the main condition is to be front beach .
21 September 2020 | 5 replies
I'm flexible on most parameters (exact area, number of units, amenities, rehab vs turnkey), because affordability will be the main factor.
21 September 2020 | 1 reply
Here’s why: after 12 months the actual cash invested that you use in the formula to calculate the ROI will be changing as the loan is paid down, or when property improvements and repairs are made.The main issue with CoC as a metric, is that it doesn’t take into consideration the time value of money; so if, for instance, you invested $1M in two deals and received $100,000 back (in addition to your initial investment), but in investment #1 you got the money back after 3 years while in investment #2 it took you 10 years to make the same profit — CoC will still be identical, even though it’s clear that investment #1 is better.As a metric for a potential investment, you’re probably wondering what a “good:” cash-on-cash return would be.
20 September 2020 | 0 replies
My main question is getting a partial loss of use settlement from the insurance company.
22 September 2020 | 10 replies
Thanks for the replies, my post was kind of rambling but the main concern for me is DTI.
22 September 2020 | 3 replies
I believe that as long as you are getting consistent income with a signed contract the three year time frame isn't a problem, however the main problem is the overseas income and anti laundering rules.
30 September 2020 | 15 replies
My main worry is not being able to rent out the condo/coop.
25 September 2020 | 46 replies
@Ryan Kelly mainly north austin close to Apple campus and new water park in round rock