
1 October 2024 | 12 replies
Since the platform has direct access to your financial data, it can prequalify you for loans, streamlining the process when you’re ready to expand or refinance your portfolio.

30 September 2024 | 10 replies
This gives you more flexibility while building equity and gaining experience.Risk Spread: More units mean a lower risk of vacancy impacting your overall revenue.

1 October 2024 | 8 replies
Without knowing the cap rates of other MFHs nearby, there's not much objective insight to be gained there.Good luck!

29 September 2024 | 2 replies
Hi Prasit,To transition from agent to acquisition manager, here’s the quick path:Leverage Your Agent Skills: Use your market knowledge, negotiation experience, and connections to find and analyze deals—key acquisition manager skills.Wholesaling Experience (Optional): Wholesaling can help build your deal-finding and analysis skills, but it’s not necessary if you can transition directly using your agent background.Training: Consider certifications like CCIM for commercial real estate or courses on platforms like BiggerPockets to sharpen your acquisition expertise.Network: Connect with investors or real estate firms to gain insights and potential job opportunities in acquisitions.Let me know if you need help with financing as you move forward!
1 October 2024 | 10 replies
This will free up cash flow by reducing the high-interest payments.You can also refinance your rental to cover the $40K balloon and possibly access additional equity, but avoid selling the rental since it's cash-flowing well.

29 September 2024 | 0 replies
My unique approach combines deep market analysis with a strong network of motivated sellers, ensuring you access the best deals before they hit the mainstream market.I’d love to know more about your target market areas and buying formula.

29 September 2024 | 21 replies
Equity / Capital Gains - This is usually a shorter term timeline.

30 September 2024 | 5 replies
There’s a major advantage here, especially for the seller, as it can help them defer capital gains taxes.

30 September 2024 | 5 replies
A lot you can gain from these forums, but some you just have to jump in and learn.

30 September 2024 | 10 replies
Does it validate the bump in rents... this is going to be out of the scope of 95% of LPs out there who don't have access to Co Star etc.Age and Condition of Property:Assess the age of the property (e.g., 1960s-1990s).Evaluate potential maintenance issues and the adequacy of contingency budgets for older properties.