The NINJA Secret of Using Private Money For Real Estate Deals
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Bro I been trying 9 years to get a deal please help
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@DennisKnows $500 a month times twelve is $6000 not $12,000.
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what happens when you real estate transaction loses and the economy takes another shit?
solojam 4 months ago
@solojam We make more money.. As long as the market is bad, investors are picking up homes like crazy.. Think about it. Buy a home for cheap (20k), rent it out for 500 a month. That's Gross 12k a year. After taxes, insurance n maintenance, that's around 10k for the year NET. Thats around 50% of the initial investment. Even if the property sat for a few months, you would still get more than the .5% - 1% that banks are paying you to keep you money in their "Cloud".. Cha Ching!
DennisKnows 4 months ago