Offer Accepted, Time to Close Alright! We put in an offer and it was accepted! Pretty happy about that, but now what? Now, we start the closing process. Fortunately, we had a rockstar realtor who was great at walking us through the process. Here is some of the things you […]
Monthly Archives: October 2021
Supply and Demand Concepts Supply and Demand are some basic economic concepts. Understanding them will help you with choosing your side income, or paving a pathway for your current business. While conceptually, they’re easy to understand, putting them into legit quantitative equations is more difficult. Try and understand your market […]
Dollar Cost Averaging Many fear the next recession and look to sell their investments before it happens. The problem with that is you never know when it’s coming. Investing in stocks, mutual funds, or other securities can be risky. However, dollar cost averaging can reduce the risk on smart investments […]
It’s All About the Deal Analysis We chose our target asset, narrowed down our target market, and now its time to do a deal analysis on a property. We talked to our mortgage broker to find our pre-approved amount, and we went hunting. You will need to analyze numerous properties […]
Target Market: Step Two On the Journey Previously, we looked at the asset class we wanted to specialize in for our first BRRRR. Now, it is time to choose a target market. These two piece create a profile of the type of renter you want to see living in your […]