Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
Todd Douglas
Fix and Flip in Detroit 48213
27 January 2025 | 12 replies
Ran into many problems with contractors along the way, paid for some material twice as well as some projects to be redone.
Erick Pena
Excited to Start My Real Estate Investing Journey!
15 January 2025 | 9 replies
You have come to the right place to explore different ways to generate passive income.
Kiryl Ulanovich
Help me please to understand this
29 January 2025 | 2 replies
This goes on until you have final agreement.
Preet Oberoi
Rookie - Fix and flip in NYC
21 January 2025 | 3 replies
After seeing my brother's success with flix and flip in the bay area over the last 4 years, I decided to explore the same in New York.
John K Smith
Property Management Fees in Rochester, NY
21 January 2025 | 1 reply
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Anthony Pace
Cash Flow Management Tools for Lenders
20 January 2025 | 1 reply
It focuses specifically on broker commissions and cash flow forecasting, so you’ll get exactly what you need if you’re in that space.If your portfolio is on the larger side, LoanPro might be worth exploring.
Sarp Ka
Cheapest way to make a cash offer???
22 January 2025 | 14 replies
It’s worth exploring to see if it aligns with your investment strategy and timeline.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
Mediation is a process in which the parties meet with an impartial person who helps to resolve the dispute informally and confidentially.