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Results (10,000+)
Kyler B. AI Finds 1,000s of Physically Distressed Homes
20 July 2024 | 13 replies
Now if I wanted to review 10,000 homes, that would have taken me 90 hours.AI can complete this entire job for you around 18 minutes…That’s 300X more efficient.In conclusion, you get the same outcome from using AI, and manually (or virtually) driving for dollars.
Kate B. Recent Experience with LendingOne
19 July 2024 | 53 replies
. - Single family homes to rehab and hold or to fix & flip- Loan is in your name not your LLC- Rates between 5% and 6% depending on credit score- 30 year term loan, fixed rate, no pre payment penalty if sold or paid off anytime- Example buy at 100,000 and add 50,000 for rehab = 150,000 means 15% down payment or 22,500- So the buy is financed at 85% and so is the rehab if you look at it that way- House will be appraised off a contractors write up of the work to be done and must appraise out ARV to at least the 150,000 to make sense at all; if not loan is not approved so a buyer cannot get into trouble in that sense with lender oversight- all work must be done by licensed trades people, not the own themselvesIf this sounds plausible I'm happy to answer questions.
Justin Whitfield How would you invest $500k solely for the purpose of cash flow and FIRE
19 July 2024 | 21 replies
@Justin Whitfield I’d first forget about FiRE status - it doesn’t really exist without large trade offs that you’re likely not willing to make.
Grant Stepanic How To Achieve Financial Freedom Through Real Estate Investing.
19 July 2024 | 0 replies
Choose Your Real Estate StrategyRental Properties: Purchase properties to rent out for consistent monthly income.Fix and Flip: Buy distressed properties, renovate them, and sell at a profit.Wholesale: Contract properties and sell the rights to buy them to other investors.Real Estate Investment Trusts (REITs): Invest in publicly traded REITs for passive income without direct property ownership.5.
Aaron Costello Our first BRRR and out of state at that
18 July 2024 | 2 replies
Almost complete renovation What was the outcome?
Kerlous Tadres First Multi-family BRRRR Deal In Southern Orchards
18 July 2024 | 1 reply
Full rehab-paint, flooring, granite countertops, added bathrooms What was the outcome?
Jay Hinrichs national rent control
22 July 2024 | 120 replies
That is a good outcome.