John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
.#3: Short cuts are not efficient.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
Brian Rocha
Any experience with HMLs for the purchase only?
10 January 2025 | 21 replies
., funding.Two final thoughts, I'm all for being efficient, but you should think about the opportunity cost of tying up your own money in a single rehab, vs. using it to fund another simultaneous deal.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
You may not need scale as much as efficiency.
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
You can also tell her to call the utility company about the best way to save, as turning off heat and on is not efficient having to run longer blasting out cold air as opposed to leaving it set at a lower temp. :)
Cheryl A.
Has anyone invested with Djuric Family Office aka Blake Capital Group
26 January 2025 | 33 replies
Unfortunately, real estate is pretty efficient, so high returns should scream to you high risk.
Joe Pierson
The Correct Funding
24 December 2024 | 6 replies
Thank you Using a LOC on your primary residence can work well for flips if the terms are favorable and you’re confident in managing projects efficiently.
Derek C. Thompson
ATM Investments fund
28 December 2024 | 13 replies
The bank, on the other hand, welcomes this as well, because it's cost efficient than having a branch.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
Given how important these features are for real estate investors, it’s frustrating that the integration isn’t as solid as it should be.I would appreciate hearing any insights from the community, mainly if someone has found a better solution for syncing AppFolio or handling portfolio loans more efficiently.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
.#2 "all in one" loan which promises to be seamless and efficient with HUGE bonus of being a GIANT line of credit and a checking account all rolled into one.www.aiosim.comI'm planning to do plan #2 in the next month.