Michael K Gallagher
BPCON thoughts and next actions
22 October 2024 | 2 replies
Takeaways and next actions for me became very clear in that I need to get back to my basics, posting here, and making offers.
Rob Martins
Learning & Growing
21 October 2024 | 5 replies
The key is to start with a solid foundation—understanding the basics will set you up for long-term success.
Lia Veit
New investor looking for advice
23 October 2024 | 22 replies
It will familiarize you with the basic terminology and benefits.
Barry Cohen
Making sense of Brrrr in this market
22 October 2024 | 2 replies
I think you are definitely on the exact right track with your thinking - have you put all this side by side in excel (very basic excel "modeled out")>?
Minji Kim
BRRRR Beginner in New York—Neighborhood suggestions outside the city to start?
25 October 2024 | 23 replies
Basically, just like any market, you can fail - but it can so easily be avoided when you have the resources and expertise needed to navigate it.For Crime Rates in the City Proper see here: https://crimegrade.org/safest-places-in-scranton-pa/ Just like any city, it varies heavily street to street, but is overall a solid place to invest.
Jesse LeBlanc
FRAUDSTER ALERT... watch out for Justin Nguyen in Florida. BE CAREFUL LENDERS!!
25 October 2024 | 66 replies
I would send this to the insurance commission in FLA and they will investigate I am sure.. that would be easier than the FBI as those guys basically just go for the big fish and this guy in the scope of things is just a tad pole.
Jonathan Krauser
Letter's to find Off Market Properties
25 October 2024 | 33 replies
Basically you need to know what you are doing in DM or Online for it to work, otherwise, you will spend thousands of dollars without success@Jonathan Krauser.
Priyanka Shah
First Investment home
24 October 2024 | 13 replies
So basically, for a B minus area, for a 3 bedroom brick home you will spend 110k for a rental that brings in $1,400 per month and in a class D neighborhood Section 8 you will be all in for the same cashflow at $80k.If you extend you view to "Metro" Detroit you have more opportunities in Cities like Warren, Hazel Park, Taylor, Romulus, Eastpointe, et al,.
Austin Ennis
Unique Sale - Home + Business
20 October 2024 | 2 replies
So we have 3 buckets in my mind - SFH sale (basic), developer sale for the size of land (new to me), business sale (home + business).The most value would be in selling home + business I believe but I have no idea how to market/find potential buyers for such a thing.
Don Konipol
Why Investing in Notes Can be for Income, Capital Gains and Wealth Building
23 October 2024 | 4 replies
Another thing we did several years ago was we took loans we bought at a substantial discount, I hypothecated about 70 of these loans and it was basically the BRRR strategy as we got our money back out of the deal, and the investor got 5 years of cash flow and I kept the back 10 years.