Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
That's why I would target them a week before foreclosure sale and put all effort on homes that were all but certain to go off the hammer.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
I would also target ones that are ideal for renting out when you move out so maybe do a lower price point.
Robert Ok
Best Real Estate Coaching Programs
14 January 2025 | 11 replies
Building connections with like minded individuals to help each other achieve their goals is priceless.
Darron Pierson
Jerryll Noorden's system
28 December 2024 | 26 replies
It's about targeting the right audience at the most affordable cost.
Jackson Harris
Starting Out In Phoenix At 24!
17 December 2024 | 12 replies
However, I see a lot of people achieve success by getting really good at one thing.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
I would agree that RE prof status is hard to achieve with a limited number of properties.
Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
22 December 2024 | 12 replies
My goal is to stabilize, refinance within 3-5 years, and offer strong returns to lenders.Your point about targeting SDIRA investors and high earners is interesting—how do you typically find and connect with these types of lenders?
Alex Silang
Mass deportations: will it affect rental markets?
19 January 2025 | 29 replies
I suspect this is mostly campaign rhetoric that was popular with the current anti immigrant xenophobia that grew out of the pandemic both here and internationally and won the election, but the governments ability to achieve any real change in the population of illegals in this country would be very out of character.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
That is a great price target if you map that.