Lucas Schlund
How Much Cash Do I Need To Put Into My First BRRRR and How Much Should Be Financed?
21 November 2024 | 23 replies
What I mean by this, is should I use a lender to cover 90% of the purchase and 100% of the rehab for max leverage, or should I put more equity into it.
Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
Everything from business structure to how to find buyers to fill slow flips is covered.
Jorge Vazquez
I am wondering about a "sewer scope." Thoughts?
25 November 2024 | 18 replies
The plumber came out while in escrow stated it would be $8,800 and we got it covered by the seller to do it.
Account Closed
Mid-Term Rental - Insurance Adjuster Booking for Guests
22 November 2024 | 3 replies
We always get that permission in writing, though, to cover our bases.All in all, I recommend nurturing these relationships as these are among the best clients to serve in the MTR space.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
They come in with fancy spread sheets, break downs, proformas or cool looking power points with pictures and graphs.
Paul Evans Jr
Tenant wants to break year lease after 2 months
22 November 2024 | 12 replies
This covers the vacancy time and work supplied to find a new tenant.
Jonathan Chan
Thinking of becoming a private money lender? Vet your borrower properly!!
25 November 2024 | 16 replies
A solid exit plan reduces the risk of default.Check Their Liquidity: Even experienced borrowers can run into trouble if they don’t have reserves to cover unexpected costs.
Jeff G.
Code Enforcement Groundhog Day
21 November 2024 | 9 replies
In my area, I told the inspector I understood how busy he is and provided him with pictures of the work being done and the final result.
Jeff Sitti
$100k Inheritance - What would you do?
19 November 2024 | 19 replies
I would then probably consider putting down the min. downpayment on a duplex up to a fourplex, for a place to live and rent out the remainder to cover the mortgage and expenses.
Zach Rumfield
Family cabin in the mountains next to a major ski resort. Why not AirBnB?
22 November 2024 | 15 replies
There's a to unpack here - preparing the property, pictures & listing, finding a management company, taxes, regulations for the area etc.