Sufyan Ahmed
Newbie to the real estate
3 January 2025 | 7 replies
You are already paying rent, so pay it to yourself to increase cash flow and accelerate savings for the next investment.
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
However, by placing money in a property that I would like to have in order to increase my quality of life, that can also produce some cash flow instead of being a liability that requires money every month, I can increase my quality of life without increasing my monthly liabilities.
Neil Narayan
2024’s hottest ZIP codes and hidden gems
15 January 2025 | 6 replies
The article is based on # of sales, not price increase or decrease.
Robert Pole
Fix and flip partnership structuring
10 January 2025 | 1 reply
Then the remaining profits get distributed at whatever split you both agree to...I often see it start at 25/75 (75 to the person in your position) and then maybe increase it to 40/60 or 50/50.It would really help if you could provide some numbers on your deal.
Mike Sfera
Syracuse/Rochester Area Rentals
15 January 2025 | 8 replies
Pretty incredible how rapid the demand has increased in the past 12 months especially.
Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
Jordan Meltzer
Where to invest my cashflow?
15 January 2025 | 6 replies
@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.
Ariel Cohen
A new flipper in town 🐬
12 January 2025 | 5 replies
Just wanted to introduce myself.My name is Ariel, I am 32 years old (this Thursday), and I am making my first steps as a real estate investor.As I live abroad, most if not all of my work would be remote, and right now I am focusing on Jacksonville, FL.My main goal for this year is to fix and flip at least 2 SF's properties, and for the next few years to increase this number, maybe do some MF, and possibly to also BRRR when I raise enough of my own capital.At the moment, my biggest challenge is the fact that I am remote, so I could use some help from a local realtor or management company.It's so amazing to know this community exists, and I am thrilled to actually take part in it
Adam Aero
To renovate basement or not for appraisal?
15 January 2025 | 4 replies
That said, weigh the cost of renovations against the potential increase in appraisal.
Dustin Wheeler
New member exploring real estate
13 January 2025 | 10 replies
Real estate has always been in the back of my mind as a way to increase our wealth and provide for our family.