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10 January 2025 | 21 replies
In most of those cases, their broker took a high fee and the investor didn't end up with a great deal.Here are a couple of things that are a tipoff you are not working with a broker with your interests at heart (1) they want to pull your credit before having a conversation, or (2) they send you a long list of things you need to provide them before learning about you and your deal.The conversation should start with why you are interested in REI, then understanding your strategy to get there.
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10 January 2025 | 6 replies
Understand your short term and long term goals.
9 January 2025 | 0 replies
Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.
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9 January 2025 | 5 replies
Local market knowledge is absolutely critical, and it helps to work with someone who really understands the landscape and its nuances.As others have mentioned, it’s a broad question that’s tough to answer succinctly, but I hope this provides some clarity!
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7 January 2025 | 5 replies
I would love to connect and pick your brain a little more to understand structure of these loans!
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14 January 2025 | 10 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
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9 January 2025 | 5 replies
Speak with lenders early to understand your borrowing power, and explore multifamily properties to maximize your house-hacking potential.
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10 January 2025 | 9 replies
With your background in lease management and site selection, that could be a natural next step.Regarding STRs, I can understand the hesitation—accurate expense tracking is critical, and not having that data can make evaluating deals frustrating.
6 January 2025 | 1 reply
It’s great to hear that you’re already working on a project to expand opportunities for real estate investors—that’s a fantastic way to immerse yourself in the field.As you dive deeper, here are a few things you’ll want to focus on to better understand how real estate investors analyze deals and make decisions:1.
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7 January 2025 | 0 replies
My understanding is that the market is more important than the property.