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Results (5,611+)
Benton Williams Ethics Question !
15 August 2024 | 34 replies
If I stuck with the original mindset, it would have taken me at least 10-15 years of investing and still working W2 to achieve a meaningful return that I could live on.
Anna Brown LA Property with lots of Equity
15 August 2024 | 57 replies
Experienced, active RE investors can do well, but my issue is that if I extract the added value the property has negative cash flow). 
Jasjaap Sidhu Los Angeles - Detached ADU conversion - 150 sq ft expansion for ingress/egress?
11 August 2024 | 4 replies
However if I do a BRRRR I can achieve infinite return by extracting all of my investment.
Andrew A. Be brutally honest about my strategy!!!! New to real estate!!!
9 August 2024 | 18 replies
Here’s the plan I’ve come up with, and I’d love to hear your thoughts on its feasibility, potential risks, and any improvements you might suggest.The Plan1.Pay Off Mortgage: I currently have $170K left on my mortgage, and my goal is to aggressively pay it off in the next 1.5 years.2.Establish Emergency Fund: Before making any big moves, I’ll set aside 6-12 months’ worth of expenses as an emergency fund.3.Extract Equity: Once the mortgage is paid off, I’ll pull out the equity from the property.4.First Flip: Using the extracted equity, I’ll purchase another house, fix it up, and sell it for a profit.5.Reinvest Flip Profits: Instead of buying another property immediately, I’ll use the profits from the flip to renovate the original property, aiming to increase its rental income and appraisal value.6.Reappraise and Extract Equity Again: After renovating, I’ll get the original property reappraised and extract additional equity based on its increased value.7.Purchase Rental Properties: With the additional equity, I’ll start purchasing rental properties that offer positive cash flow and have growth potential.8.Leverage Equity Strategically: I’ll use equity from the original property and any new properties while maintaining a healthy loan-to-value ratio (LTV), ideally around 70-75%.9.Build Rental Portfolio: I’ll focus on acquiring a mix of property types (e.g., single-family homes, multi-family units) to diversify my investments.10.Focus on Cash Flow: I’ll prioritize properties that generate consistent positive cash flow, ensuring that rental income covers all expenses, including mortgage payments, maintenance, and management fees.11.Long-Term Hold: I’ll hold properties long-term to benefit from appreciation and tax advantages.
David Lutz The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
Same with the financing of the notes / portfolio when interest rates go back down and you wanna extract equity for a non-taxing event.Monetize your detailed nature.  
Jonathan Greene The 5 Biggest Mistakes New Investors Are Making Here In The Forums
19 August 2024 | 244 replies
The gurus never tell you that searching through the smoke and the mirrors in the game, extending yourself very uncomfortably into the unknown, being willing to invest and possibly waste your time searching for answers, actually building meaningful relationships, all of that's is a very big part, if not the biggest part, of winning in real estate.When Hannibal was told it was impossible to get his elephants over the Alps to invade Roman territory from the north, he responded with the following:"Aut inveniam viam aut faciam" I WILL FIND A WAY OR MAKE ONE.That's the attitude we need here.
Marcos De la Cruz What cap rate, etc should I aim for?
8 August 2024 | 4 replies
Figure out what is a meaningful return to you.
Dave Charron Insurance on $1M multifamily?
7 August 2024 | 10 replies
That said, there's basically zero chance of finding it for meaningfully less than the price you mentioned.  
Frank Patalano So what's holding you back?
19 August 2024 | 3705 replies
I will be honest in that I also would like to establish relationships with experienced investors, but haven't pursued that in a meaningful way.
Sam McCormack NAR Lawsuit and Questions
7 August 2024 | 23 replies
But I see little to suggest it will lead to anything meaningful for consumers.