Mario Sanchez
What real estate books would you guys recommend
6 January 2025 | 2 replies
I think they contain solid information and will help lay a good foundation as a beginner (Haha, I'm completely new to real estate as well, btw)I'm also going to be reading the following books, and hopefully I can finish all by the end of this month:1) The ABCs of Property Management2) The Advanced Guide to Real Estate Investing3) Long-Distance Real Estate Investing How to Buy, Rehab, and Manage Out-of-State Rental Properties (this might be the most important one to me personally)4) The Book on Investing in Real Estate with No (and Low) Money DownIn addition to reading, I'm consuming crazy amounts of youtube videos, and I'recommend you do this as well.
Johnny Bartel
New member looking for advice on getting started!
12 January 2025 | 4 replies
I am getting started in real estate investing soon, and I want to plan for the best course of action.
Nick Rutkowski
Not Going As Planned
30 January 2025 | 7 replies
I'm a huge believer we can learn from each other and not repeat the same actions.
Benjamin Bieber
Rent to Retirement
30 January 2025 | 2 replies
We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!
James Sills
Where to start
15 January 2025 | 3 replies
I have been reading books and listening to podcasts for almost a year now and I know I need to take action.
Jay Fayz
House hacking as a student
28 January 2025 | 8 replies
Hey @Jay Fayz, I like that you want to take action on getting started!
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
Some here will tell you all tenants hate their landlord so factor that into your actions.
Michael Challenger
First Time (Potential Buyer) Seeking Advice on House Flipping in Charlotte, NC
7 January 2025 | 5 replies
I see hard money lending as just part of the cost when doing these kinds of deals.
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
Do not waste your money on his course.