Noah Margate
Seeking Advice on Expanding My Real Estate Portfolio
16 August 2024 | 19 replies
The cash flow houses help me to hold on for the long haul, while the appreciation houses enable me to buy more houses.
Sharon Patterson
Private money lending for investors
13 August 2024 | 1 reply
We streamline the process by focusing on the property's value, enabling investors to close deals quickly without the usual red tape.
Nathan Frost
Business Line of Credit (Who is best)
15 August 2024 | 29 replies
I have found that I can apply for business credit cards, which enable me to do renovations or pay for utilities over a period of time, while I save up for down payments or what have you.
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.
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.
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.
Ricardo Naya
New Real Estate Investors Club in Spain
13 August 2024 | 55 replies
Hi,Sorry forgot to enable notifications and reply.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
Not saying all FoF managers should be avoided, i know a few who I think do a great job on underwriting, but several I have seen are literally just marketing / sales people.They are just middlemen looking to extract another layer of fees and promote on top of what the real operator charges.
Michelle Smith
Recognizing an exceptional agent
8 August 2024 | 1 reply
Her swift yet thorough approach enabled me to secure the perfect property in record time, a feat that truly highlights her commitment and skill.If you are seeking a real estate professional who goes above and beyond, exhibits a profound understanding of property values, and can effectively manage complex negotiations, I wholeheartedly recommend Tanja Vargo.