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7 July 2024 | 1 reply
Our group works with many investors nationally.
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7 July 2024 | 11 replies
So being that you seem set on going to college here's my advice,3 big thingswhile in college you can only do so muchwork part-time or intern with real estate agencies, property management companies, or real estate investors, which some colleges per degree may require an internship anyway.networkjoin campus real estate clubs and national organizations like the National Association of Realtors (NAR) or local real estate investment groups.
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7 July 2024 | 2 replies
As real estate investors continue to seek out promising opportunities, the Louisiana Purchase stands as a timeless reminder of the profound impact that a single transaction can have on shaping the future of a nation and its economy.Have a happy, healthy and fun-filled Fourth of July!
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7 July 2024 | 35 replies
Client had to source a local appraiser for COGO, due to scarcity of appraisers belonging to "Appraisal Nation."
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7 July 2024 | 1 reply
We work very closely with a national lender and strategic mortgage partner with a diverse second lien position and second mortgage investor product offering.
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7 July 2024 | 7 replies
Natural elements...beaches, mountains, national/state parks, etc.... have always had a tourist drive to them for many many years.
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7 July 2024 | 30 replies
HML just went to private money to give the allusion that you are going to find some rich doctor that is going to lend you money at 5%. private money hard money is quite competitive these days.. you can plan on 2 to 4 points up front at close and 10 to 15% interest plus junk fees and rehab draw fees appraisal fees etc etc. some of the larger national lenders have their pricing very well spelled out on their websites you may want to get a baseline from themKiaviLima one Lending oneetc etc..
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5 July 2024 | 12 replies
I see too many times where investors treat bad properties like many women treat bad men.
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6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.
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7 July 2024 | 42 replies
Whereas in reality it was the opposite, work wasn't getting done, I was getting pictures of small sections of home that looked like he was working on, he wasn't paying the crew and even had random women living in my place with alcohol bottles and ramen noodles all around.