Jerryian Francois
MY FIRST DUPLEx purchased in (2021) 3.6% rate
30 December 2024 | 1 reply
Purchase price: $415,000 Cash invested: $90,000 MY FIRST RENTAL PROPERTY !!
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Scott Trench
2025-2026 Might Be One of the Best Stretches to Purchase Multifamily Since 2010-2011
3 January 2025 | 8 replies
Most of our loans are fully amortized and those that aren't, are 10 year balloons where we'll have more than 50% equity (at the purchase price) upon loan maturity in 2030+.
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
@Chris Paulus Have you made a purchase in Costa Rica yet?
Amit Garg
Anyone heard of WealthGenius Coaching Program (Alfonso Cuadra)
27 January 2025 | 12 replies
Also the more people that live there the better ride sharing can work for whoever has a vehicle.
Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
I just did one for like 28k, was a little short on a closing cash purchase.
Jake Baker
My BRRRR Horror Story! What could I have done differently?
26 December 2024 | 18 replies
The crash caused significant structural damage, and the driver fled the scene, later reporting the vehicle stolen.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
If the violations took place prior to purchase, I would at least give them written notice that you are aware of the previous violations and that just one under your watch would result in an eviction.in the meantime, I would shop for new insurance and pass the increase on to the tenant.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
Our model builds on this principle by creating a long-term vehicle that avoids rapid turnover and speculative price inflation.2.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
Like I can do a BRRR on 600k property with no cash-flow or a 150k property with $300 monthly cash-flow, but do not have the same investment vehicle, and it is the same cash that is doing both, as for the 600k purchase I'd be using the same 100k towards hard money loan.