
29 November 2024 | 9 replies
@Richard Nguyen there are lots of good companies out there that do NOT charge asset based fees of any sort.

1 December 2024 | 31 replies
i only know what you posted, so here goes.BRRRR is a very hands-on, time intensive strategy. based on what you said, i don't see how it would be a good fit for you, given your work and family situation.BRRRR does not yield any cash flow.

1 December 2024 | 6 replies
We used ALE relocation services and they were great, you can register on their site when you have a vacancy and they will let you know if they need you but it is somewhat based on luck if they need you.

28 November 2024 | 10 replies
Many investors choose a profit-sharing model for true equity partners, often splitting profits 50/50 or based on the level of their contribution to the deal, but ensure everything is clearly defined in writing to avoid misunderstanding/miscommunication.

29 November 2024 | 6 replies
As for getting a HELOC, it's prime + index (fluctuates based on the market), so to answer your question, if you are able to qualify by yourself, then it's always a better option to get a loan solo, then use your spouse's income as a backup for future investments.

1 December 2024 | 91 replies
No qualified commercial loans based on current interest rate and cap rate offered.To solve the problem, either the rate has to come down significantly (probably not going to happen in a few years), or the cap rate has to go up to 10s, which means the price has to be cut by almost half.For those folks that has a maturing commercial mortgage, they can not refinance based on today’s rate.

1 December 2024 | 32 replies
Im happy to answer any quesiotn you have based on my personal expierences.

3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.

30 November 2024 | 3 replies
First, when calling banks target the smallest most community based banks you can first.

2 December 2024 | 35 replies
Evaluate cities based on job growth, population growth, rent-to-price ratios, cap rates, and vacancy rates.