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27 January 2025 | 6 replies
My company offers fast-closing, no credit/bad credit loan packages in 44 states and referrals in the other 6.
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4 February 2025 | 12 replies
After 5 years in the business I’m starting to get a few word of mouth referrals which is how I closed my last property which was my first off market deal.
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6 February 2025 | 16 replies
Which do you think will be more competitive, buying from wholesalers or your own referrals?
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23 January 2025 | 5 replies
If you're still in the process of identifying and connecting with a QI, I'd be happy to provide a referral if you're interested.
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22 January 2025 | 0 replies
Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.
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25 January 2025 | 26 replies
Look at what high interest credit cards you can get rid of, pay down, or move to zero interest promotion cards for say 15 months etc.
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11 January 2025 | 1 reply
If you want the name of the agency we use, message me I don't think we can promote a company here that isn't a BP sponsor or Pro etc.Hope this helps.
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31 January 2025 | 44 replies
While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.
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18 January 2025 | 11 replies
Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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14 January 2025 | 11 replies
So you have some great resources right off the bat, my additional Referrals would be too many :)