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3 April 2024 | 17 replies
Go to meetups, tell your story, and I bet you'll find experienced investors that will help you out (by giving you advice, not by cutting you a check or partnering).
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2 April 2024 | 32 replies
There’s numbers on a piece of paper that put seller financing in a great light.And then there’s the reality of seller financing being a bet on the buyer managing and maintaining a property well for years or decades while you still have skin in the game.And a bet that the value doesn’t decline by more than the balance of the debt.And a bet that the higher “price” received because of seller financing doesn’t come with opportunity cost in the form of being able to spend or invest the liquidity day 1.And the fact that buyers with seller financing always want better terms than a bank would give them, which is real economics that sellers are far less equipped than banks to estimate risk/reward on.Seller financing is relatively rare.
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2 April 2024 | 20 replies
I had to do that last month with another property that they were managing poorly :-( Good start but get prepared for more fun my bet is on the bailout.
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4 April 2024 | 38 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.
1 April 2024 | 2 replies
I would also bet that the late fee is wrong there as well as we now have the most asinine rule in the state for late fees.The laws are changing increasingly fast so I worry about the ability of BiggerPockets to keep up with all the legislative changes that are going into affect and how it affects the lease!
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2 April 2024 | 22 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.
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2 April 2024 | 58 replies
A local BOCES college built a 900 sq ft 'modular' home & auctioned off for $42,000 & I bet we could have built it for half that.
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3 April 2024 | 24 replies
I bet the folks that are financially free via REI will often have a different outlook on this subject from those that are depending on a job and are just collecting real estate.
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1 April 2024 | 51 replies
You bet, Justin!