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Results (10,000+)
Ximei Yue Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
With your goals in mind, here are some thoughts on each approach to help you decide what might work best for your situation:BRRRR Strategy: The BRRR (Buy, Rehab, Rent, Refinance, Repeat) method can accelerate portfolio growth, but it does require strong contractor connections and careful planning.
Roger Mace How to Know if You Have a Good Private Money Broker
30 November 2024 | 0 replies
By gaining insight into the investor’s goals—whether it’s flipping properties, acquiring rental units, or developing new constructions—the broker can tailor their approach and identify the most suitable lending options.Once the broker comprehends the investor's needs, they leverage their extensive network of private lenders.
Bruce Lynn Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
What happened to the good old shoulder barge or accidental door kick hahaI don't ever remember buying a house without getting some eyes on it.I've always found some a back door or window "open" heheIf a neighbor approaches me, "No habla ingles" 😁
Gavin Wynn Utilities billing for duplex
30 November 2024 | 4 replies
I average these two numbers and use that as a baseline, adding a reasonable buffer to set the threshold.This approach helps ensure that tenants don’t feel micromanaged but also protects you from excessive utility usage.
Sean MacDonald Post Election Market Predictions?
30 November 2024 | 6 replies
I'm sure there are agents and investors with deeper insights, but for most of us, a consistent, long-term approach—similar to dollar-cost averaging when investing in index funds—seems like the most practical strategy.That being said, I am also interested to hear what others have to say though, so thank you for the post!
Andrew McManamon Investing in Bitcoins
9 December 2024 | 98 replies
Someone here said don’t invest anything you can’t afford to lose and that is our approach but we are bullish on cypto currency right now.
Sushil Iyer New(ish) small multifamily investor looking to network and for guidance
2 December 2024 | 19 replies
Does anyone have general advice on our approach to this process both in terms of educating ourselves and building our network?
Tanya Maslach Creating an LLC: state where properties are located
29 November 2024 | 12 replies
If you live in California, the FTB still wants its $800 per LLC, no matter where your properties are.Question B:When it comes to setting up an LLC, here are three common approaches:1.DIY Approach:In most states, you can set up an LLC yourself for less than $100 in filing fees, depending on the state.
Seth Rose Out of state BRRRR steps
4 December 2024 | 31 replies
@Seth RoseI would look at the approach from a revenue mindset, not a discount mindset (which is where the BRRR concept was born).Firstly, I would like to point out that properties with great cash flow potential and deep equity positions aren't just floating around the MLS.
Joshua Morency House Hacking In New York City?
29 November 2024 | 7 replies
When investing in New York, be strict and strategic about your approach.