Ed O.
Starting out - Avoid Bank of America
13 May 2024 | 25 replies
It's clear they're making a couple of dollars on the float while screwing their customers.
Sam R.
Converting coin laundry to card laundry
13 May 2024 | 38 replies
This way, you hold onto the "float" or the money left over on the card after they spend the initial amount.- Example: I (the tenant) put $10 on a card.
Chuck Ward
Interest Only Strategy Opinions?
11 May 2024 | 6 replies
80% of traditional mortgage payment is interest regardless .You'd rather be locked into a rate rather than it consistently floating . helocs can also be locked or decreased at anytime by the lender
Paul Azad
Great time to invest in CRE
5 May 2024 | 2 replies
REITS that have lots of floating rate debt may be at risk of severe defaults in the near future.
James Bing
Buying from wholesalers
5 May 2024 | 6 replies
@James BingNetworking at the local RIEAs and Facebook groups.There are a few power players in the area, deals flow has been low these days, and lots of non deals being floated about.Generally here is how the priority list goes and its based on ROI:1.
Lisa Burns
What's it really like to be a commercial MF syndicator? Will I be sorry I tried?
6 May 2024 | 23 replies
Any who recommended the use of debt fund, floating-rate interest, and high leverage (over 75% of purchase price) should be avoided like the plague.
Arch Stanton
Still accessible opportunities to grow wealth through real estate in the Seattle are?
4 May 2024 | 2 replies
I kept meaning to buy for a few years, but I’ve been simply overloaded with a startup.My current country prevents me from purchasing property (non-citizen), and doesn’t offer fixed rate mortgages - the floating rate is high rate at 7%, and has been about this the last 20 years.
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
8 May 2024 | 112 replies
Thanks Charles,God Bless America mate and thank you for your service again 🇺🇸The property was definitely not mispriced as the comps clearly indicate so that isn't debatable.Other things, can be debated but definitely not the value of the property and the fact that the property was under sold.Not sure why the witch hunt, but whatever floats your boat mate"Based on current market comps and a $10,000 spruce up, I'd say the market value of this property is worth $89,900"The comparable sale data is fact and the comparable sales don't lie.Thanks 🙏
Bill Rapp
Navigating Multifamily Real Estate Opportunities Amidst Market Challenges!
2 May 2024 | 0 replies
Increased floating-rate interest payments, coupled with climbing utilities and property taxes, have eroded profit margins and negatively affected debt service coverage ratios.As over $250 billion in multifamily loan debt matures in 2024 alone, owners and investors are bracing for a challenging deleveraging cycle.
Greg Teplansky
Builder Leaseback good idea?
2 May 2024 | 10 replies
Once the occupancy goes down it's painful to float the property and owners try to sell. 20%-30% management is about normal but if they aren't doing their job, it's hard to lose that much every month.