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Results (10,000+)
Heidi Kenefick Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
I use the software for my portfolio that consists of MTRs, STRs, and I have a property I rent MTR but by the room.
Stephen Fleming Newbie Plan. Thoughts?
14 January 2025 | 9 replies
@Stephen FlemingFrom my experience working with over 400 investors, your strategy of leveraging a low mortgage rate, tapping into home equity, and diversifying with a short-term rental (STR) in Northern Michigan is well thought out.
Monish Anand How to find the best Real Estate Agent
10 January 2025 | 13 replies
Look at their marketing strategy.
Josh Lansberry Time to get started
9 January 2025 | 5 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Salvador Diaz Top 6 tips for house hacking
10 January 2025 | 6 replies
2x House Hacker here in Los Angeles and a case study in the BP book, The House Hacking Strategy.1.
Arthur Crum RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Their videos consistently said that none of their investors had ever lost money.
John Gillick 1031 leverage question on partial sale
15 January 2025 | 11 replies
Work with a qualified intermediary and tax advisor to ensure compliance and optimize your strategy.
Jonathan Chan Learning How to Raise Capital
5 January 2025 | 2 replies
It's been a pretty cool journey and has allowed me to leave my W2, however, I've come to the realization that my current strategy of delayed gratification is no longer working for me.
Jennifer Fernéz Help with this deal!
18 January 2025 | 10 replies
@Jennifer Fernéz I run sum numbers for you with our tool, see comments and pics below before refinancing and post refinancing .Financial Breakdown: Purchase Price: $200,000 Mortgage (LTV 80%): $160,000 Interest Rate: 6% (30-Year Amortization) Mortgage Monthly Payment: $959Upfront Costs: Down Payment (20%): $40,000 Closing Costs (3.5%): $7,000 Renovation Costs: $15,000 1 Month of Carrying Costs During Renovation: $1,548Total Upfront Required: $63,548Year One Rent: Monthly Rent Income: $2,000 1 Month Rent Losses during renovations (-$2,000): -$167/month distributed over 12 months Total Rent Income: $22,000 per year => $ 1,833 per monthMonthly Expenses: Mortgage Payment: $959 Property Tax (Assuming $3,000/year): $250 per month Property Insurance (Assumption): $100 per month Utilities (Hydro, Gas, Water): $275 per month Assuming 5% Vacancy: $92 Assuming 0 % Repairs & Maintenance first year because unit has been recently renovated Total Monthly Expenses: $1,676Monthly Net Cash Flow: $157Post-Renovation Refinancing Strategy after 12 months:So far, we’ve purchased the property, completed renovations, and rented it out.Next, you can approach the bank for a refinance to consolidate a portion of your initial investment into a mortgage.
Mohamad Guene Mobile home investment.
8 January 2025 | 3 replies
@Mohamad Guene Investing in mobile homes near a university can be a profitable strategy due to affordability, high demand, and strong cash flow potential.