Sahil Rajput
Cannot find cash flowing deals in CA
18 April 2024 | 83 replies
and it's slowly moving to India (and China) anyway .... this is serious as silicon valley is not sustainable too.and hollywood movie is also replaced by Bollywood and Japanese/Korean movie so ....Right, all those Japanese, Korean, and Bollywood global hits this past summer.
Bonnie Low
Background checks for foreign students
15 April 2024 | 7 replies
There's no way to run a "global check".
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
If only I could get a dollar $ for every time an investor asked me that question.You see guys, it's quite simple.Since our price points are super low (Only $60,000 - $80,000).Most of our investors have more then enough cash to purchase quite a few homes fairly quickly.Thus, we don't have a need to wait for 6-8 weeks to hopefully get the deal across the line via financing.To be honest, we also hate working with lenders and appraisers.Most of them drag their feet and appraisers are super conservative these days due to the Fannie Mae guidelines that were introduced after the fiasco of the Global Financial Crisis.So they are known to intentionally use foreclosed comparable sales to under-appraise properties just to protect their own A$$.This isn't genuine and I've always believed that if you can't fix something or make it better.You need to eliminate it.That's why we have eliminated all financing when buying through our company.I'm sorry.Now, for all of you thinking that you are getting a turnkey property as a "safer" investment for "fair value" just because the turnkey provider offers financing.Think again.After being in real estate for 10+ years and buying/selling over 500 properties world wide.I have seen all of the dirty tricks.An easy one is to influence the appraiser by smudging their eyes with supposed work performed on a house that never really was.Like a "converted attic", "newly installed HVAC", or a "rehabbed garage", etc...Most are too lazy to check these items and will just mark them on the sheet as "done".All of these items would unjustifiably increase a properties value in the thousands if not tens of thousands of dollars.At the end of the day, there are always going to be bad apples no matter what.Your job is to find the good ones.No matter how you decide to invest (With cash or financing).Find the right team and you will do well.Find the wrong one and it will end in disaster.I wish you all much success and thanks for reading.ps.
Sanjeev Advani
Navigating the Stable Seas of the Real Estate Market: Opportunities for Investors
11 April 2024 | 0 replies
Many anticipated a downturn or even a crash due to factors like rising interest rates and global economic pressures.
Chet Hingle
Return on Investment - What's a minimum?
10 April 2024 | 70 replies
I think this is a big reason why you see REI's having problems finding deals, and blaming it on the interest rate, or the global economic market at that time.
Justin Sheley
Fund & Grow Financing
14 April 2024 | 885 replies
D-U-N-S, which stands for data universal number system, is used to and maintain accurate and timely information on +265M global businesses."
Aaron Washington
STR features and their effects of bookings.
9 April 2024 | 15 replies
Choosing to be in the right community here matters too, I have a top ten list of the ones you should consider first.What many seem to not realize is this is a vacation spot geared towards kids....and it's a Global attraction..meaning that the majority of visitors have probably never been in a hot tub so it is a big deal.
Sanjeev Advani
Embracing Sustainability: The Future of Real Estate Investment
8 April 2024 | 0 replies
In an era where sustainability has become a global priority, the real estate sector stands at the forefront of a transformative movement.
Jeff Daring
Does it make sense to invest in this market?
8 April 2024 | 4 replies
First, when you describe "market", I assume you mean the global economy.
Selina Giarla
Dipping toes into commercial multi-family - how does lending work?
8 April 2024 | 12 replies
Depending on the bank, they may also require you qualify with a 1.20 Global cashflow.