Joshua McMillion
SFH Off-Market Deal BRRRR
18 September 2021 | 0 replies
We knew that was the case going into the deal, but next time we are wanted to pull out all cash invested to include the downpayment and start using the velocity of money principle!
Russell M.
Are these HELOC terms good or bad
23 September 2021 | 4 replies
First lien HELOCs are the most powerful investing tool I know of.I think I'd look for another bank or institution that offers the first lien HELOC and compare costs, but you are absolutely onto the right product so in general, pursue that with determination.And to avoid assumption, check out velocity banking if you haven't already.
Frank Del Corso
How to screen good contractors & set up a scope of work
8 December 2021 | 9 replies
No, it is actually a benefit when you consider the fact that finishing a day or more early gives your velocity of money one day or more to work faster.
Tyrelle Johnson
Virtual Wholesaling - Property Viewing service
8 December 2021 | 3 replies
@Tyrelle Johnson Velocity REO.
Roy Gottesdiener
Building capital through flips or other ways?
16 January 2020 | 11 replies
@Roy Gottesdiener to create velocity with your money you will need to:- reduce all expenses- increase your income - save & invest the differenceSo how do you increase your income?
Joshua Silver
Velocity Banking / HELOC Strategy - I'm Doing It + It's Awesome
25 January 2020 | 4 replies
So, I've posted on this since around May 2018 when I first started it and I wanted to give anyone who cares an update since 2019 was my first full year doing it. For those that aren't familiar with the strategy, the i...
Antoine Pippens
How to sell complete rehabbed turnkey duplex
22 February 2020 | 11 replies
Agree with Don and Marcus - I’ve made a living off pricing competitively.It either leads to #1)bidding wars2) lower cost basis#3) increase in money velocity Think of this you price high wait 3-6 months for a deal, end up negotiating down and lowering price increase risk of market changing take another 30-60 days for deal to close another 60 to source and close another orrrrPrice aggressive create demand, bidding wars, buyers into a pipeline make a little less money house sells in 7 days close in 30-60 days another 60 to source and close......Instead of 1 deal with that capital per year you can now do 2-3Increased Money velocity IMO leads to increased annual ROI
Bretton Hammond
Residential Investing: Commercial vs. Personal
29 January 2020 | 1 reply
I have no problem paying higher rates to allow the velocity of my cash to increase and am well aware that this path will lead to that.My question is what are the pros and cons, in your experience, if I were to continue investing as a company vs. personally?
Kameron Holloway
What should I be doing while saving for a down payment?
24 February 2020 | 12 replies
Velocity of money is key here.
Aaron Almquist
Ever Had a BRRRR ARV Come in Too High?
4 February 2020 | 9 replies
You have to move the money quickly because its the velocity of the capital that makes it work, meaning how fast can you deploy your capital and then have it come back to you.