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11 February 2025 | 20 replies
We are currently working with our lawyers to take next steps and get our money back along with damages due to wasted time and investments we missed out on along with other people who they have done this too.
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11 February 2025 | 20 replies
Even if you are a US Citizen and live abroad you may run into issues as you are not currently living/working in the US.
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13 January 2025 | 19 replies
I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.
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10 February 2025 | 12 replies
We are NorCal and are not yet in flipping but looking into long term rentals currently.
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10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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22 January 2025 | 9 replies
There’s no real reason to jump into another market unless your goals shift and your current market doesn’t fit anymore—or if the market itself stops producing the results you need.Mastering one market and squeezing every opportunity out of it is a much better play than spreading yourself too thin and getting half-baked results in multiple places.
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22 January 2025 | 9 replies
Hey John,I own 12 units in Detroit but currently live in California.
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10 January 2025 | 9 replies
Are you currently in the STR or LTR space / are you looking to expand into one or the other as you grow your portfolio?
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10 January 2025 | 6 replies
I am from California, but lived in Peachtree City, Georgia last year (renting), and currently live in Germany as an Au Pair.
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27 January 2025 | 35 replies
The one guy I spoke with said they make money only when they sell to potential investors and they only sell new construction homes that are usually pre-leased to buyers (currently they are building in Texas state and Missouri State).