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Results (10,000+)
Arina Alexiuc New Investor - looking for advice
18 June 2024 | 56 replies
There is variance in markets but I believe most markets are like my market with 2 primary plays 1) patience.  
Nicholas A. Tips on how to do a successful BRRR
19 June 2024 | 18 replies
Hey mate,Thick skin is needed on this forum and in business in general 🤷‍♂️I just posted something similar on another thread and the best advice I can give is spending enough time finding the right people on the ground before looking at the prospect of a market or a deal.Especially when doing BRRR out of state which is a very tough gig IMO.You can find the best market, with the best growth potential, find the best deal with the best cashflow but if your realtor isn't genuine, your property manager is incompetent and your contractor is a cheat.You will loose money.Also, underestimate your income and overestimate your expenses on every deal and business opportunity.If you think it won't happen to you, I can tell you right now that it unfortunately will...I've completed hundreds of flips and rarely come in at budget from a rehab standpoint.So keep that in mind.Appraisers are a joke and easily manipulated.They follow weird data and many want to cap you intentionally (No idea why...) on the ARV.They play it safe and can see how much you paid and what you spent on rehab so they will cap the value and come in under fair value on many appraisals.I stopped dealing with selling to investors looking to finance many moons ago as it wasn't efficient from a business perspective and I'm not in the business of using "in-house" lenders and manipulating appraisals like many others do. 
James R. VRBO vs. AirBnB
18 June 2024 | 12 replies
Most likely one dominates while the other plays 2nd fiddle.
Shane Petersen Can I sell my STR for more than market value if I have established revenue?
17 June 2024 | 16 replies
It is a bonus for a buyer to walk into bookings after a purchase and give them some piece of mind that they are getting enough revenue to cover the first couple mortgage payment, but thats about it.
Brandon Arnett Should I recast my mortgage loan?
17 June 2024 | 10 replies
Just recognize that you will have lower payments but that money will be illiquid so your personal financials also come into play
Don Konipol The Long or the Short…Which Negotiation Technique Do You Use?
16 June 2024 | 10 replies
short for me as well and sometimes in the middle.. bigger land plays do take time..
Patrick Irish 1031 and Sec 121 Experts - want to sell rental but tax worried.
17 June 2024 | 9 replies
You can play games by pretending that you wanted this new place to be an investment (or "being creative" as you put it), but this would be lying and can blow up in your face.
Alan Mills video surveillance during rehab
14 June 2024 | 1 reply
- Motion trigger activation, and I’d prefer if it would record longer than 30 seconds when triggered - The ability to download and store videos - Real time notification on my phone when camera is triggered - similar to my Ring doorbell I use at my home- Cameras record both video and AUDIO- My ability to talk to people through the cameras would be a bonus - Night vision for outside cameras a bonus- Ability to remotely swivel horizontally - and vertically?
Ben S. New tenants want unit tested for meth drugs
18 June 2024 | 31 replies
Turns out the kids were major gamers And waned black out blinds to play the computer games!
Laura Yazdi What is the best route for this 1031 Exchange Scenario?
17 June 2024 | 15 replies
Again your personal strengths and desires will play a huge role.