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31 August 2024 | 6 replies
Hi Alex,Picking a lender can be an important decision, but I'd also recommend using 2 or 3 good lenders for a certain space.
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31 August 2024 | 5 replies
You could schedule showings during a time frame you are available and require people to pick those slots.
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30 August 2024 | 5 replies
I would take some time to do some research around markets that are investor-friendly and reach out to agents, investors, and property managers to pick their brains and evaluate.
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29 August 2024 | 6 replies
I would love to connect with investors over coffee or zoom to pick your brain!
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30 August 2024 | 29 replies
I've seen too many people try to force a tax deduction or strategy but end up putting themselves in a worse position by picking a strategy that doesn't align with their goals.If you're done with real estate altogether there are a few recommendations.
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8 September 2024 | 168 replies
Most HELOC's are based off prime and these are consumer based products (rate determined by margin which is fixed + prime).However the commercial departments in many of these banks or credit unions offer fixed lines on their commercial interest only products that can be based off different indexes like CMT (contact maturity treasury), SOFR (secured overnight financing rate), or other indexes that are less volatile than the prime which is directly linked to the fed funds rate + 3.00%.This is why the fed funds is at .50% right now and our prime is currently 3.50%.Just make sure to pick a product and index that works with your overall strategy because in between deals you'll be carrying the "equity," you used to buy a property on this line most likely.
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29 August 2024 | 5 replies
- Commercial is still very much "behind the times" in that its a "hand shake" and "pick up the phone" kinda biz.
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29 August 2024 | 16 replies
pick a few - go there - drive around.
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29 August 2024 | 6 replies
Pick up a copy of the book Lend to Live: Earn Hassle-Free Passive Income in Real Estate with Private Money Lending.
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30 August 2024 | 7 replies
We, thankfully, had a friend of a friend connect us to a delivery person, who directly picked up flooring and delivered to us, then we worked with flooring company to get a credit back on price.Or, we did Ikea cabinets, which came with both more pieces than we ordered, and not all the pieces we ordered.