John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
In fact, its become quite apparent that number crunching ranks rather low on the necessary skills for real estate compared to networking and communication and other business skills.
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.
Daniel Schiller
GovernmentAuction.com - experience?
19 December 2024 | 24 replies
An official I've been communicating with at the NWS in Midland, TX has said that these lands are awful.
Dave Harlan
Thoughts on Kiavi?
6 December 2024 | 21 replies
Just make sure whomever you work with is halfway competent and communicates well, the latter is the most important.
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
I will be sure to be upfront on the lease about the guidelines and specifics like that including cleanliness expectations, late rules, eviction notices, communication, maintenance, etc.
Paul Cijunelis
Started a new PM!
5 December 2024 | 4 replies
This frees you to focus on higher-value tasks like growing your portfolio, owner communication, and big-picture strategy.2.Adopt a Portfolio Management Structure: Early on, I ran a departmental structure (separate teams for maintenance, leasing, collections, etc.), and it caused inefficiencies and communication breakdowns.
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
11 December 2024 | 13 replies
Be a good communicator and responsive to tenant's reasonable requests.
Jake Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
I had tried to establish direct communication with jesse, but the GC did not want me talking to him.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
I do feel they need to be better at communicating assurance in fiscal solvency to their LPs, but at any given moment they could theoretically pause infilling, and pay the pref distributions.