Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
I have actually been thinkin about cutting losses honestly, I am not sure this is the best investment I could have made as my first but worried about how much of a loss I would have to take.It is meant for S8 for sure, I would have a stringent application process, and give the neighborhood a C from my research.I invested there because it was the first deal that basically fell on my lap where the mentor works with agents that Seller Finance deals, it was only $3k down and had thought the proximity to St.Louis would be attractive to tenants also.I effed up on waiting to post for rent until after all repairs and the COO for sure.
Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
In neighborhoods that won't attract high credit score tenants, I've found that a stable job history with a MINIMUM of 1 year at current or previous job to be the best indicator of a great tenant.
Collin Luckett
Raising Money / How to Structure
9 January 2025 | 9 replies
The cleanest route but the least attractive method for most investors is to have the investor provide debt.
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
Build your portfolio as your knowledge and wealth increase.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
12 January 2025 | 1 reply
If you’re leaning toward selling your share, offering seller financing could definitely attract a wider pool of buyers while keeping the deal intact.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
Richmond certainly would have some potential in pulling trades from, but coming from Lexington, you might face an added trip charge on top of the service provided.Over the past few years, rents have increased nationwide.
Nitesh Chand
Can I sell my house with tenants
4 January 2025 | 12 replies
Tenant occupied properties can be attractive to investors if cash flowing...no one wants to buy someone else's problem.
Clare Pitcher
Leasing In the Winter Months
20 December 2024 | 3 replies
This often attracts broke tenants you will have to soon evict.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
I agree with @Jonathan Greene that the question is vague, so my advice will have to be as well.The short answer: MTRs are real estate, so just like all real estate, any place that can long-term-rent cash flow with increasing jobs/population can be a suitable site to purchase.
Andria Kobylinski
Boutique Hotel Investing - Financing
16 January 2025 | 13 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.