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26 February 2025 | 6 replies
I have said it before and I will say it again, my wife’s friend said it best when she said “The last time I trusted someone, I had twins.”
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6 January 2025 | 2 replies
When you do a little extra work ahead of time, the process goes so much more smoothly.
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10 February 2025 | 5 replies
Real estate investing is all about learning, networking, and taking that first step when the time is right.What strategies or markets are you currently researching?
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11 February 2025 | 5 replies
Hi Sipan,BRRRR is tough in Sacramento especially in SFH because it doesn't debt cover at 75-80% LTV most of the time.
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31 January 2025 | 19 replies
The truth is, a good host will spend time managing each rental.
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3 February 2025 | 3 replies
I guess I'd like an option like that though instead of "Reject".Right now, they're just "Pending" in limbo.I'd be curious to hear others processes for handling this in PM software, even if you don't use RentRedi.I've tried to explain the situation to RentRedi support many times and they're making me want to pull out what hair I still have.Thanks in advance,Brandon
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11 February 2025 | 5 replies
Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont?
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4 February 2025 | 0 replies
But in reality, holding on too tightly limits growth, causes burnout, and actually costs you money.Why Letting Go Helps Your Bottom Line✅ Frees Up Your Time – Instead of handling every single tenant issue, you can focus on strategy, acquisitions, and big-picture decisions.✅ Allows Specialists to Do Their Jobs – A leasing agent will lease faster than an investor juggling 10 different tasks.
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12 February 2025 | 2 replies
So, as you can see by not wasting time on all 100 people who initially reach out I can focus only on those taking further action to show their interest.