All Forum Posts by: Roger Devore

Are you building or buying a turnkey primary?

I agree with @Tim Delaney. It should be as easy as converting one conventional loan that cashflows well to a Debt Service Coverage Ratio loan or DSCR. My curiosity is peaked to know what is the holdback.

Roger

I would seek legal guidance which is always well spent. Then handle it accordingly. Whatever the outcome make sure it’s properly documented. Then I do an overview of lesson learned and change/update/implement processes as needed.

I am looking for a place to put a tiny home for short-term rental. If I can't find a place for it, maybe sell it on term.

First and foremost I want to say mentorship of any kind eases the steep learning curve of real estate investing. Those who have received mentorship for free and succeeded at real estate investing hit the jackpot! In my mind, to pay $10-20k for something with an infinite return on investment is awesome! I know there are investors who pay that and more just to be part of an annual mentor/mastermind group for accountability and growth. I feel both programs would provide the education needed and action steps to make a person successful if they TAKE ACTION. 

For me, what it comes down to is skin in the game and TAKING ACTION.

Goosehead.com ([email protected]) is an insurance broker that I have used. I know insurance has gone up a great amount over the last year. For me personally, it has been roughly a 30% increase. This was after I shopped around.

Roger

@Evan O'Brien

I care but I don’t care. If the deal makes since, do it. I’m a real estate investor flexing with the changes.

Roger

@Nick Winikoff

My thought was “subject to” deal and not worry about assuming the loan.

Roger

I didn't see a place for the February event, Did it happen?

Thanks in advance,

Do you have any finished photo's? Are any other projects in the works?