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Results (10,000+)
Lolo Druff Looking to buy my first investment property
15 December 2024 | 30 replies
The "high cash flow areas" you speak of are only good on paper, and while they can be if you play everything right and all goes well, I find that is harder than it seems.
Reeves Bennett How to Scale Multiple BRRRR Deals in a Year
17 December 2024 | 14 replies
It’s awesome that you’re looking to ramp up your BRRRR game!
Teekap Pate Tenant applicant - Prior eviction, decent HH income
13 December 2024 | 7 replies
Think of it this way, for example...If your rent is $2000 but it is vacant for 2 months that means your effective growth income (EGI) for a year lease = $20,0000But if you lower it to $1900 & it sits vacant for only 1 month your EGI for a year lease = $20,900You can play with the rent numbers & how long you think it could remain vacant, but at the end of the day the most expensive route is vacancy.
Timothy Franklin Clarifying the wholesale transaction
15 December 2024 | 7 replies
In either case, the wholesaler usually doesn't need to provide their own funds to complete the deal unless they are doing a double closing and need private financing for that purpose.The title company plays a key role in ensuring that the funds are processed correctly and that the transaction is legally and financially finalized, including disbursing funds to the seller and paying any fees owed to the wholesaler, private lender, or other parties involved.Contract with Seller: The wholesaler secures a property under contract, usually with a small earnest money deposit.Find Buyer: The wholesaler finds a buyer (investor) and assigns the contract, earning an assignment fee (difference in price).Closing: The buyer wires funds, the wholesaler receives the assignment fee, and the title company handles the transaction.Costs:Earnest Money: Small deposit.Marketing: Costs to find deals.Funding (if needed): For double closings.Profit: The wholesaler earns the assignment fee.prioritize transparency and value.
Leticia Ramos Installation of Security Cameras in Common Areas
11 December 2024 | 3 replies
Trying to stay ahead of the game and be proactive. 
Alex Longinidis Buying First House Hack
17 December 2024 | 17 replies
I think there's a fair amount of play in the budget for what needs to be done.  
Elizabeth Ross Buying to Rent in Indiana - worth it?
10 December 2024 | 7 replies
Buy close to Notre Dame and the nicer areas for game days, graduations, and families visiting. 
Bob Avery New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 8 replies
I've been playing with amortization calculators and have seen you can pay off 1/3 of the mortgage and reduce 2/3 of the duration.
Marc Shin how long to complete the BRRRR process?
12 December 2024 | 6 replies
Market conditions also play a role, including the availability of contractors, appraisers, and lenders.
Matthew Morrow 4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
Right now I house hack, but am looking to properly get in the game by end of next year, so I'm trying to be prepared.