David Shaun
Hit $200K in Cash Flow in 2024
16 January 2025 | 38 replies
Do you happen to have long term % of gross rent of combined maintenance/repairs/turnover costs/CapEx ?
Mark G.
What's Your Conversion Rate for Cold Calling Software-Generated Leads?
24 January 2025 | 12 replies
You cant view a lot of FL probate dosuments directly from the recorders site but you can get the key people (petitioner/decedent) then combine with the case type (summary vs formal probate admin) then look through property records to see if they own property and whether there are encumbrances.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 replies
Investing in area you're less familiar with combined with multiday travel can be more costly than spending more in your own market.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
If more than one person applies together, then we combine their scores for a group average.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
Also, did you have any other loans (ie student loans, primary residence mortgage, etc) when you took on the $25k?
Julie Muse
Highway 64 Transformation: From Fixer-Upper to $200K Success!
6 January 2025 | 0 replies
We financed this deal with a combination of Partner Driven capital and Seth Choate’s expertise.
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
27 January 2025 | 8 replies
DIRECT MORTGAGE LOAN COMPANY6.
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
Sundone Boutvyseth
First investment property for less than 10% down
30 January 2025 | 21 replies
Are there any loans out there that require less than 10% down?
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.