Dylan Speer
Subject-To Deals Risky?
12 August 2024 | 37 replies
They can get out of the house and avoid the foreclosure and the buyer can get a decent deal by taking control of a good loan at a lower rate than they can get at the moment.
Alex Peters
Leasing property to Rental Arbitrage Company; How to Vet
9 August 2024 | 2 replies
Agree to a lease that allows you to cancel the lease with minimal notice the moment anything goes wrong.Ask for references and contact themSide note: make sure you can actually get insurance to cover you under this scenario before agreeing to it.
Collin Hays
VRBO and AIRBNB have met their match: Google Vacation Rentals
9 August 2024 | 25 replies
It will take a while for this opportunity to fully unfold, as it's a bit clunky at the moment, but things could look a lot different in the platform space a year from now.If you own any Airbnb stock, this might be a good time to sell it.
Nicholas Ludwiczak
Making an offer on a self storage business
10 August 2024 | 10 replies
Very well done, I love your workflow and your property is beautiful.
Skip Saldan
Investing in Condotel in St. Pete FL
9 August 2024 | 16 replies
Setting aside the potential for improved ROI for a moment, here's how the (over-simplified) numbers look to me personally.If I were to buy 50% outright, that would be 22k net income / 340k purchase = 6.5% CoC ROI.
Duston Gladfelter
Investment Property HELOC
9 August 2024 | 15 replies
It sounds like an ideal moment to either plow some more money into savings or seek private funding.Perhaps if you find a modest flip you can infuse cash into your system in a hurry and build your network at the same time?
Daniel Khan
How to get started in real estate development?
12 August 2024 | 22 replies
Any advice is greatly appreciated :)Get to know one developer socially that you get along with well.Share your interest in the business.Seriously, meet for a coffee seems really (W2)....probably isn't the best thing.If you are (W2) your wage slave hours might conflict with the business hours of your intended teacher.But seriously, meet for a coffee with your carpenter, landscaper and close friends.I think the best way to learn is to hang out together as friends with a mutual interest, but if you are (W2)-ing all day...that leaves no hang out time.Go to a 2.5 hour lunch on a moments notice, hang out together in the office, go look at sites together....What is a finance professional--a lender, a CFO, an accountant, a spreadsheet guy running calcs, a statistician, etc???
Dane Reynolds
Converted My Primary into a Rental Property - Second Guessing That Decision
9 August 2024 | 16 replies
I will avoid this $37,250 tax bill if I sell it now (I believe it's taxed at 15%).It was my intention to hold this property for a very long time (10+ years) as Austin was been appreciating nicely, and it's cash flowing at ~$750/mo.I don't plan to buy any additional properties at the moment.
John Steffen
Horse House Hack
7 August 2024 | 0 replies
What is not priceless...is the house and land required to experience that moment (especially for young newlyweds in DFW!)
Jerry Ferrell
Has anybody ever heard of Frank Walker? Says he is a private lender.
9 August 2024 | 5 replies
I said, not at the moment.