Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
If a PM handled similar situations, they would be using their HVAC go to technician, they would take a certain % of the total and add ontop of it for themself, parts would probably get marked up, it would be like 3x.
Scott Trench
Plotting the Relationship Between Social Media Presence and Real Estate Fund IRR
29 January 2025 | 3 replies
.- Working a W2 as a firefighter, posting and consuming content- Leaving my W2 to dive deep into real estate investing and working as an agent... and still watching/posting content all while business was ok - Deleting social media apps (one have one on my phone that I use 10 minutes or less a day), diving deep into building my business and skills which have drastically increased due to pure focus and increasing my business significantly- moral of the story... focus on the things you need to do in business (dollar productive activities) and life experiences while reducing consumption will increase your success
Ryan Bono
Self Storage Conversion
22 January 2025 | 7 replies
Hey @Jaycee Greene someone on our team handles the acquisition and lending/banking portion, we only do the monthly bank draws for construction costs!
Matt Miller
What Systems Are Brokers Using to Run Their Business? (CRM, LOS, Marketing, etc.)
20 January 2025 | 7 replies
So simple.Email & Marketing: How are you handling outreach, automation, and social media?
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
However, vacancy means covering 100% of the expenses.Multifamily properties almost always generate higher cash flow due to multiple income streams, which also reduces the risk of vacancies.
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
My agent is saying that we are unable to split the contract that way (or reduce the purchase price), so I'm trying to figure out options.
Donyea Jenkins
DSCR Loan Question
29 January 2025 | 13 replies
This needs to be limited and reduced.
Christopher Hu
First Rental Property listing questions
29 January 2025 | 5 replies
This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Khyree Randall
Wholesaling around a 9-5
29 January 2025 | 5 replies
Wholesaling around a 9-5 can take a lot of time if you are handling the lead gen and deals.