Ty Rob
Bank unable to sell REO property, what's next?
2 May 2023 | 16 replies
The banks #1 priority is maximizing monetization of the REO, and that does not always translate to selling at that moment.
Serge S.
Due on sale clause was called by bank!
28 April 2023 | 133 replies
Wait till they take a few back and find them stripped of appliances, copper , fixtures , and AC's Banks historically have been horrible at maximizing the value of their assets !
Wesley Myers
Deferring STR cash flow for the future?
19 January 2023 | 23 replies
If it's immediate month to month cash flow then they are looking to maximize cash on cash - that's year one cash in the deal in most cases.
Account Closed
Lessons learned from wholesale deal turned into lawsuit
9 September 2023 | 18 replies
I unwound a few of those. by simply calling this person who got the owner to sign it over and let them know I was going to fund the ligitigation against them and go straight to the DA.. quit claim deeds filed back these folks next day sometimes I bought those other times I had them list it with a Broker so they could maximize their cash for their home..
Aaron Lietz
Wholesaling Mentor Programs: Are they worth it?
8 August 2023 | 38 replies
The maxim "those who can, do, and those who can't, teach" is not entirely without merit.
Mike Schorah
Is anyone still cold calling?
8 August 2023 | 26 replies
It works, but there are some best practices to follow to ensure you're doing it properly and maximizing your call time.
JonPaul Kessinger
Maximizing Appraisal Value vs Only Increasing Perceived Value
16 June 2023 | 6 replies
As a new investor undertaking my first BRRRR project, I'm seeking advice on raising the appraisal value of a property without overspending on improvements that only enhance perceived value. I've encountered conflictin...
Hariharan Elavarasan
Paying Off Loans vs Waiting and Leveraging
8 December 2023 | 10 replies
For your first property, if you put your cash flow of $250 a month toward principal payments each month, you would pay off 16 years early without hindering your savings effort for more properties.And as long as the home keep appreciating, especially if it's higher than mortgage rate, than you make money and it's "pretty" safe.The shortcut to residential real estate leverage is actually easy which is just maximizing your DTI.
Margie Butts
Can anyone recommend mentorship programs?
1 December 2023 | 4 replies
The goal is to complete the renovation and sale process quickly to minimize holding costs and maximize profit.Wholesaling: Real estate wholesalers contract a home with a seller and then find an interested party to buy it.
Andrew Hankinson
New investor all advice welcome and appreciated!
30 December 2023 | 5 replies
Additionally, consider building a local network of real estate professionals and property management teams to help you navigate the unique challenges of investing in unfamiliar territories and maximize your chances of success.