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Results (10,000+)
Mary Jay Cash flow is a myth? Property does not cash flow till its paid off?
30 January 2025 | 40 replies
End of Life is just that, getting set for that inevitable end.
Joe Binkowski 506(c) Syndication(s) Secret
27 January 2025 | 18 replies
I would also highly recommend you set some parameters when thinking about working with non-accredited investors or if you are one and want to invest on a large deal. 
Zongfu Li Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
I would consider using them again.
Anthony Poulin Starting a Long Term REI Business Starts Today! Lets go!!
22 January 2025 | 8 replies
You can use the "website" button in my signature below to set up a day/time that works for you.
Joe S. Is promoting buying rentals due to a conflict of interest?
30 January 2025 | 5 replies
Real estate is not a get rich quick scheme or something I would quit my day job for unless you are set up for it.
Clint Miller Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
Mattin Hosh Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Carlos Silva Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
All of the above and there are many discussions and mathematical gymnastics that are in these forums that prove it works and doesnt work in both ways...consider a first position heloc if you want to utilize velocity banking concepts for mortgage purposes.I got one with CMG mortgage (they call it the All in One Loan) and it put me in positive light. 
Jon R. Anyone with furnished rentals in Syracuse suburbs?
22 January 2025 | 9 replies
Text me to set up a chat!
Monish Anand How to find the best Real Estate Agent
10 January 2025 | 13 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.