Randall Gonzalez
10K Club Jerry Norton - Who's in?
13 January 2025 | 18 replies
I've got a good amount of deals I could probably send him to get the 10k each, assuming they fit his criteria, they don't fit mine.
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
A HELOC or cash-out refinance is definitely worth exploring if you want to free up capital for more investments, but make sure it fits your goals and comfort level.
Desiree Rejeili
The BRRRR Strategy: A Comprehensive Guide to Building Wealth Through Real Estate Inve
24 January 2025 | 0 replies
Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR.
Jason Hathaway
What’s your thoughts on Owner Financing
31 January 2025 | 3 replies
Seller financing can be a valuable tool when used correctly, but its effectiveness depends on how it's structured and implemented.
Daniel M.
Locking Up a Property Sight Unseen—Need Advice
16 January 2025 | 6 replies
.: I’m looking at a property that checks all the boxes—good numbers and fits my buy box—but I haven’t seen it in person.
Bruce Woodruff
A pet peeve
24 January 2025 | 5 replies
It's hard enough trying to interpret the big picture, the less info they provide the less effective we are.Newbies; help us help you
Charles J Sabo
Huge news in the conventional loan product space *Hot off the press*
23 January 2025 | 7 replies
This is effectively legislation to open up the market to new prospects.
Bob Lachance
The Challenges New Realtors and Investors Face and How to Overcome Them
28 January 2025 | 0 replies
By focusing on effective time management, clear communication, building your network, and implementing a solid marketing strategy, you’ll be better prepared to navigate the ups and downs of the real estate industry.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
David Martoyan
Rethinking ARV: Creative Approaches to Finding Deals in Today's Market
24 December 2024 | 4 replies
This does not mean you add something that is a luxury in a market that it does not fit.