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26 January 2025 | 33 replies
Fail to produce K-1s in time for LP tax returns to completed on time, refuse to communicate with LPs, when LPs start to express frustration.Cheryl Cheryl, I'm sorry to hear this.Many investors learn expensive lessons with their early investments.Knowing nothing about this deal (because I didn't invest) I can already tell you the 24% projected return was a major red flag (in my opinion).
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22 January 2025 | 12 replies
As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.
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7 February 2025 | 14 replies
If you find something that works well as a short-term rental, but doesn't work well for you as a home, you'll have money but be dissatisfied when you live there.You don't even need it to produce a profit.
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23 January 2025 | 39 replies
I was told initially that commercial deals(5 plus units) were based more off income property is producing than personal credit/finances but that's not entirely true.
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12 January 2025 | 12 replies
A $240k loan amount on a $249k purchase price seems crazy and I'd never expect to produce any net positive cash flow doing this.How are you calculating your property taxes?
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13 January 2025 | 1 reply
There are four key principles that guide me:- Consistency is everything- Never stop learning- Take Action- Value relationships over everything else1) Consistency is everything There are multiple things that I do every single day- Read – 10+ minutes.
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31 January 2025 | 28 replies
Legally, my investment is now depending on Aloha's action.
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21 January 2025 | 21 replies
I personally believe single family produces the best rents and appreciation.
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2 January 2025 | 5 replies
Chris, good to hear you are so eager to take action!
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14 January 2025 | 0 replies
Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.