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6 January 2025 | 38 replies
Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.
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2 January 2025 | 4 replies
@Jeffrey Mair I would keep your rentals forever, especially that they are cash flowing.
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5 January 2025 | 33 replies
That said, it’s been a great market for me—strong cash flow, significant appreciation, and plenty of opportunity for investors who take the time to understand the market’s nuances.If you decide to explore Detroit further, feel free to reach out—I’m always happy to share insights and what I’ve learned along the way.Good luck on your investing journey!
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6 January 2025 | 5 replies
as is prop value 75k and minimum loan size of 50k. as long as its turn key 30 year fixed is available. yes there are some fees and rate will be a touch higher. if it cash flows get it closed.
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7 January 2025 | 9 replies
While they cash flow, we've realized we're over-leveraged and want to take a different approach.Our plan is to purchase our first investment property in Indiana, possibly paying cash, with the goal of generating reliable income.
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13 January 2025 | 10 replies
Since you mentioned REI Hub, I worked with REI Hub in the past and they had the same connection issues but their CEO is usually good about making quick updates to create a better user experience.That being said, there is no perfect solution out there regarding bank feed connections so I'd go with one you know and ensure the accounts are linked on a weekly basis to be confident every transaction is flowing through without interruptions.
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2 January 2025 | 8 replies
That beaing said you should focus on buying a 2-4 unit Multifamily the more doors the more cash flow.
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7 January 2025 | 2 replies
Final Thoughts: If the deal is really solid, raising the money will be the easy part—capital always flows to good opportunities.
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6 January 2025 | 2 replies
I've been analyzing a couple deals in the OH market recently to get some practice (my research tells me it's one of the few decent cash flowing markets).
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17 January 2025 | 7 replies
Affordable deals do not typically produce cash flow.