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Results (10,000+)
Eric Justice Buying property-All Cash
5 June 2024 | 116 replies
. 🏠👍 100% agreed.I've witnessed way to many investors over the years getting caught with their pants down when using too much leverage.The real estate "guru" world is incentivized by selling more properties (Realtors earn commissions on every property sold) and "no money or low money" strategies (Easy way to flog books and seminars), etc...So leverage to the tilt they would say...The best deals are bought quickly and with cash.All good things take time and so does building a strong and sustainable real estate portfolio.Start slow and small and build the foundation of your portfolio with cash.This will minimize losses when vacancies occur and one hopefully won't have to put their hand too deep in their own pocket to cover expenses as they occur (Especially large expenses like mortgage costs).Once a solid foundation has been built and experience gained over a period of time of what the true income vs expenses will be, then look at using leverage.Also, all deals should be analyzed from a "devils advocate" standpoint and don't get too excited about it's initial prospects.If you think it won't happen to, I'm here to tell you that it will.This is coming from someone that has done hundreds of deals and has seen it all.Always protect the bottom line first and foremost.Much success
Jarod Forsha What would you do in my situation?
30 May 2024 | 6 replies
Work with the realtor to minimize your listing costs but do incentivize them with commissions if they sell your property above a certain watermark above your listing price. 
Jill McCann Structuring seller finance deal as Seller
30 May 2024 | 11 replies
if its not been probated your going to have a delay if buyer wants title insurance
Julie Muse Profitable Partnership on Bristol St: A Successful Flip in Scottsboro, AL
29 May 2024 | 0 replies
This approach ensured the project moved forward without financial delays, enabling us to quickly transform and sell the property, maximizing the return on investment.
Mikhail Ege Best Real Estate Investment Strategies for a Busy Software Engineer
29 May 2024 | 4 replies
His goal is to grow wealth through real estate investments with a balanced approach, minimizing time commitment, and maximizing returns.- He recently inherited a 3-bedroom single-family home in Fremont, CA, valued around $1 million, currently rented out for $4,000/month.Alex's main concerns are balancing his full-time job with the demands of real estate investment, managing cash flow effectively, and understanding the potential tax benefits.- What investment strategies should he consider?
Kim Kelly Where to Start with 75k Cash & 850 FICO score?
30 May 2024 | 12 replies
Hi Kim, Most traditional investor loans will require a minimal of 15-20% down payment. 
Andreas Mueller High Interest Rates vs Gov Spending. Who will win the inflation fight?
30 May 2024 | 6 replies
Take advantage of this volatility to minimize your future monthly mortgage payment.
Jason Passarell First time buyer loan for my wife?
29 May 2024 | 3 replies
With that said- there are other programs that can accomplish similar benefits in terms of minimal down payment options, etc. 
Michael Walley Paying our general contractor is costing me more than I thought it would.
29 May 2024 | 4 replies
He said we were friends, wanted referrals, told us that we are very particular, and asked to take photos of our home when he was done.The four weeks has turned into three months and a long delay in getting us the final bill.