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11 January 2025 | 49 replies
I have multiple condos listed for sale in Costa Rica.
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13 January 2025 | 15 replies
What I have seen is an internal sales team (AE's/Reps who split their time between referral partner development and managing their pipeline) combined with someone solely responsible for digital marketing (social media, SEO, ppc).
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28 December 2024 | 26 replies
I attended a Jerryll Noordan video call just this morning and I left the call feeling totally mislead and concerned about the integrity of the marketing tactics being used to draw investors like us to the video sales calls.I was on Facebook last night and, for the first time, saw Jerryll's ad and clicked on it.
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3 January 2025 | 3 replies
I paid a flat fee of $400 to get a sales contract drawn up.
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7 January 2025 | 4 replies
Purchase price: $225,000 Cash invested: $15,000 Sale price: $288,000 Single family home bought through VA for our family.
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6 January 2025 | 15 replies
Short Sales, Bank Owned, $/sqft, school district, days on market, etc.
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8 January 2025 | 29 replies
What is more common is someone saying they have everything, calling it "easy" and it's all just BS sales pitch.
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4 January 2025 | 1 reply
.• Use some equity from the sale to make this transition smoother.I’m torn between maintaining our current home as an asset and buying a new smaller house to use as a rental after we move back in versus simplifying and focusing on a single upgraded property Considering factors like market trends, potential equity growth, and quality of life, which path do you think would be most beneficial?
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17 January 2025 | 21 replies
Summit county (Akron) has a much lower sales tax rate (6.75%) than Cleveland (Cuyahoga at 8%).The MLS in Akron shows homes at similar if not cheaper homes but for a good reason.
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29 January 2025 | 107 replies
G'Day Luka,I'm not a fan of out of state BRRRR.It's hard enough for us on the ground to get rehabs done on time and on budget and I don't even want to think how difficult, expensive and time consuming it would be for out of state investors.And then include a high LTV and that can be a portfolio killer IMO.Hat's off to you mate for grabbing the bull and jumping in.You live, you make mistakes, you learn and you grow.Such is life.Building a large portfolio is an absolute must when investing in sub $100,000 properties in Ohio.I "killed" my business by not wanting to sell to investors that are using leverage.Our sales volume could increase by 70-80% but it is what it is.I just don't believe in it or want the hassle associated with it lolReason is mostly two fold:1) Not in the mood to deal with lenders for 2 months and hope the deal will go through.2) I don't believe that investors should use high LTV when building the foundation of their portfolio.My advice to you:1) Pay them off as quickly as you can.2) Build a larger portfolio.The investors that $#@% the most on my name are the ones that buy 1 or 2 properties and expect miracles.As you said, 1 furnace goes out or a sewer line needs repaired and bye bye cashflow for 2 years.We get blamed although we can't predict to fix certain things and there are just many unknowns with all investments.Our happiest investors are the ones that own 6-7 or even 10+ properties and all with cash and no leverage.They aren't worried about turns or tenant issues that occur on 1 or 2 properties as it's just the nature of the beast.Returns vary but across the board over the last 10 years I have seen 6-10% net ROI's year after year.Building a large portfolio is a must to minimize risk and to get the best possible long term ROI.Thanks