Kevin G.
Antioch BRRRR Project
7 January 2025 | 0 replies
The HML covered 100% of the $32,500 rehab budget through drawbacks.Refinance: Post-rehab, I refinanced into a primary mortgage, creating 25.5% equity in the property.Future Financing: I plan to leverage the property with a HELOC to access up to $86,000 in capital for future deals.
Devin James
How the market has shifted in just a few years
1 January 2025 | 6 replies
That is smaller units built with higher density to make the numbers work for both buyers and builders.Adapting to these challenges isn’t easy, but it’s necessary to keep up with the market.What are your thoughts on how builders and developers can address affordability and supply issues.
James Anderson
How Do Investors and Agents Build Off-Market Deal Partnerships?
6 January 2025 | 2 replies
Hey everyone,I’m a real estate investor looking to build stronger relationships with agents to access off-market deals.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in 5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.
Devin James
There's always a reason not to invest... Start today
7 January 2025 | 5 replies
It's always going to be easy to look back and wish you would've invested in year X.100%!!
Aeon Jones
Joining the Vodyssey Mastermind group for REI in STRs
8 January 2025 | 7 replies
They claim to charge in the "high 4 figures" - one web source says it's $4800 - to join their group and get access to their network and resources.
Brendan Jones
First property advice
9 January 2025 | 9 replies
Look for a place where you can secure items that you do not want tenants to have access to.
Kyle Carter
Impact on Credit Score
3 January 2025 | 2 replies
Seller financing rarely has access to the credit system.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
12 January 2025 | 0 replies
A break even into a profit, and a profit into a windfall. 3- Capital - I used to state this as access to capital, back when the rules were loser, the regulations less onerous, and information less readily available.
Brian A Reed
Newbie fired up about REI and getting started in 2025!
5 January 2025 | 2 replies
While I haven’t chosen a specific niche yet, I’m leaning toward purchasing a multi-unit apartment where my 20-year-old son could live and help manage while we rent out the other units—essentially a form of house-hacking.So far, I’ve connected with a few real estate agents and gained MLS access, which has been a great starting point.