Jewell Arceneaux
Attention Investors: Scale up starting with FHA
14 December 2024 | 6 replies
Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.
Chizitem Ibeneme
What is the best way to estimate rent and CapEX's for out of state investing
11 December 2024 | 7 replies
You can also check online resources like BiggerPockets or Roofstock, which offer general CapEx guidelines based on property type and age.These methods should help you perform a solid preliminary analysis.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
While many gurus glorify the strategies they’re selling through courses or books, methods like out of state investing aren’t easy and can put you in a tough financial spot if you’re not careful.
David Hori
Is Pace Morby a Scam?
2 December 2024 | 106 replies
The quality of people in his community is exceptional - yes there are world class experts, yes they hustle and are brilliant.
James Celidonio
Opinion on BRE Leads
8 December 2024 | 4 replies
It’s all BS.If AI truly worked, there’d be no need for DMM, D4$, cold calling, or any of these other methods.
Garrett Brown
What is your biggest struggle in the STR world right now?
14 January 2025 | 41 replies
I absolutely target retention through many methods.
Don Konipol
Can Real Estate be Purchased Below REAL Market Value?
16 December 2024 | 7 replies
I have used several methods that have been quite fruitful over many years.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
As you know there is no equity in this method, BUT it gives you money to go purchase that equity.
Elizabeth Ross
Buying to Rent in Indiana - worth it?
10 December 2024 | 7 replies
@Elizabeth RossFor properties under 100k you will likely need to use the BRRR method as its difficult to get a 30Y loan on a properties valued under 100k.
Justin Lee
W9 to 1099 for independent contracts
7 December 2024 | 7 replies
As long as you paid a contractor or someone who’s not an employee $600 or more in a tax year, you are required to issue them a Form 1099, regardless of whether you paid them via cash, check, or another method.