Ilija Sladojevic
JV and sharing my properties that are under contract with someone else.
19 November 2024 | 5 replies
Engage in networking, social media, on line forums, associations, etc and showcase your expertise.3.
Tyler Gilpin
Section 8 Market Rent etc
21 November 2024 | 19 replies
@Tyler GilpinGo online and check the local housing authority for that city.
Joseph Fenner
How do I find the best deals?
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
It is super risky as you are putting all your eggs in appreciation and refinancing.
Rob Bergeron
DSCR loans are cheaper than a traditional 30 year fixed right now.
14 November 2024 | 11 replies
BUT, If you do not plan on refinancing your loan in 1-5 years, then you could get better pricing on a DSCR loan.
Constancia R.
How do you verify that a lender is real?
20 November 2024 | 15 replies
Why go to a lender that has no presence online when there are plenty of lenders with lots of reviews / track records on places like here and Google?
Nicholas Nocella
New and Hungry!
22 November 2024 | 14 replies
Networking is key—try connecting with local investors, joining real estate meetups, or hopping into online groups to learn more and build relationships.
Scott McGadden
Looking for next moves for long term SF rentals in the Austin and San Antonio areas
18 November 2024 | 14 replies
Leverage Your Equity: By refinancing, you can tap into the equity that has built up in your properties without having to sell your properties and incur capital gains taxes.
Amy Pfaffman
Does anyone us virtual mailboxes for LLC mail?
16 November 2024 | 6 replies
I've found lots of templates online, so I think I'll be ok.
Jamie Banks
Baselane - Banking Solution for Landlords
25 November 2024 | 36 replies
I wasn't really thrilled being forced to quickbooks online from desktop so I would like a different software for bookkeeping but need to retain my mortgage bank too.