Michelle Chan
BEWARE Techvestor / Scoutpads
8 August 2024 | 22 replies
It truly does suck.But let's not blame or accuse others like this.
Jennifer Brown
We were very unhappy with Ryan Poske and Bildwise LLC
8 August 2024 | 6 replies
In our last conversation with him, Ryan accused one of us of "nickel-and-diming" him when we questioned the charges for tasks he had volunteered to complete outside the scope of the project, falsely stated that we had delayed the project for weeks by not signing paperwork, and refused to discuss or even acknowledge the extraordinary delay in completing the project and its impact on us.
Sylvia Castellanos
Buying land inside HOAs--advisable or bad idea?
7 August 2024 | 7 replies
I witnessed this myself first hand.
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
I witnessed a prime example at a national REI conference recently when a new but solid “cash buyer” proposed a live question to a panel of “experts.”
Caleb Shadle
VA for investment property even with restrictions?
5 August 2024 | 4 replies
The Brrr principle seems to be hindered (at least that’s what I witnessed buying my first house where chipping paint was even an issue).any thoughts are appreciated
Craig McCarter
Am I creating a potential discrimination claim for myself?
4 August 2024 | 8 replies
When you do business someone can make a claim even if you didn't actually do what your being accused of, its about having process and documentation to prove that you were not in violation.
Account Closed
New Development - Pre Construction in Miami
8 August 2024 | 23 replies
As a broker in the South Florida market, I've witnessed the opportunities Miami offers.
Kevin Goldman
All Cash or Loan
5 August 2024 | 21 replies
Hi Kevin,I'm a big fan of buying with cash and my thought process is quite contrary to everyone else's.Cash is KingCashflow is QueenLeverage can be a peasant lolOne can retire investing in Toledo with $1m in cash.Off-course, this all depends on how many villages you need to feed 🤓I have too many "villagers" on my back so it's a bit of a different story for me.Sub $100,000 markets like Toledo require volume to work and to be worth the risk if you are looking to buy and hold.Not much growth potential long term so I would consider it a strict cashflow play.Start slow and small and you can always scale up once you learn the market.Or call it quits and exit if you decide it's not for you.IMO, leverage should only be used to scale a portfolio and only after you have immersed yourself enough in a specific market.And only once you have decided that you want to stick around in that specific market and invest in it long term.Over the years, I've witnessed many folks use leverage and attempt BRRRR out of state only to fall short and say "the market sucks and it doesn't work".Nothing works unless you make it work and a market like Toledo can work better than any other market I know from a cashflow perspective.I've been investing since 2014 and flipped hundreds along with currently managing 400 SFH.Only this year have I started buying small multifamily properties.It's an adjustment and a different animal but let's just say it's in the same breed of animal lolImmerse yourself in a specific market and become an "expert" on the numbers in that market.Find off market deals, negotiate hard, buy with cash and buy quickly.You make money when you buy and not when you sell so you must buy cheap.There are many ways to skin a cat mate and this is how I get my fur lolWishing you much success
Francis Bediako
Recent Graduate - Passionate about RE development and STR/LTR
3 August 2024 | 2 replies
Having witnessed firsthand the pitfalls of hasty investments based on vague information, I recognize that this journey isn’t as straightforward as it seems.
Aaron Laprade
Going to be doing my first 1031 exchange. Need Help where to invest it
5 August 2024 | 17 replies
@Jordan Holmes, @Aaron Laprade, I'd have to go into witness protection!!!