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Results (10,000+)
Albert Hepp Minimizing acquisition costs when you get to the Repeat part of BRRRR
28 August 2024 | 4 replies
That's the job.Good news: once you gain more traction you can leverage a cold calling VA to help with the initial contact (the most time intensive part of the process), I run a call center for Real Estate so I know this can work.
Kenny Stevenson Starting out. Need starter advice
29 August 2024 | 10 replies
You’d buy a fixer-upper, renovate it to boost its value, rent it out, then refinance to pull out your initial investment and do it all over again.
Isaac Blocher The Cost of Transactional funding
29 August 2024 | 70 replies
You may have slightly higher closing fees, but are well protected because you are in title initially
Vinny Incognoli HELOC Primary Home for Down Payment?
28 August 2024 | 18 replies
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.
Marquis Cobb Sponsor for syndication
28 August 2024 | 32 replies
So my initial plan was to get in touch with them some how and get on a call then present my deal, but as I said before I can't really get my foot in the door
Renita G Ezell Becoming More Familiar with Alabama
27 August 2024 | 0 replies
We are interested in Mobile County and the Huntsville area.We are from CT, so we are requesting your assistance in finding ~  a good Alabama real estate attorney, and ~  interested investors for quick flips (initially)  We welcome advice and feedback to increase our knowledge of this state and those counties.I appreciate it!
John Prassas rentlinx going away
28 August 2024 | 14 replies
@Mike C.During our initial hour-long conversation, we discussed the rental market and how I founded ConnectLinx as a real estate investor, entrepreneur, and broker for a leasing agency, particularly how we were both upset when Rentlinx announced it was shutting down.
Account Closed DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
30 August 2024 | 13 replies
Just to chime in... why would you keep working with a PM that you don't trust or won't take initiative to address your concerns? 
Michael Shea ADU Friendly Cities in San Diego
26 August 2024 | 13 replies
This creates a negative initial position.
Joshua Waldron First house rehab completed, listed for sale!
27 August 2024 | 2 replies
Went over budget and over schedule because I had to rehab a lot more than I initially thought.