David Martoyan
Making BRRRR truly work in 2024
17 December 2024 | 16 replies
I can build a 1,000 sq ft cabin including land and holding costs for about 350k or so and the cabin will appraise out for about 500k to 525k and will produce gross rents in year 2 between 50k to 60k.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Since the Internet is flooded with trash information, AI absorbs it and produces its conclusions accordingly.
Max Nathan
How do I secure lending on down payment / construction costs
17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Dutch Mendenhall and his side kick Amy are in a lot of trouble.
Greg Weber
Has anyone done business with this company or person
19 December 2024 | 37 replies
I'd take a trip down to persuade him but then I would be the one in trouble for expecting the idiot to actually be a man and hold his end of a deal.
Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Debt is attractive to most people because they don't have the funds to do a project and instead of saving for years this is faster and easier but things go wrong and if you don't have reserves you can quickly find yourself in trouble.
William A Colas
Experienced investors looking to scale
18 December 2024 | 17 replies
Value add ( do you want to do reno/raise rents), or stabilized (income producing, lower maintenance).
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
Part of my issue was not having a reasonably priced handyman ahead of time and eventually overpaying to just get it done and also inexperience as a manager.With that said, you essentially have two options: very cheap properties in less good areas (you're looking at 100k or less--which you might have trouble getting a good lender for) or trying to do some sort of house hack (e.g. live in flip, live in rent by the room, multifamily) where you budget will be closer to 200k-300k.Personally, I would not look at real estate until you are maxing out your 401k and IRA, but lots of folks have done significantly better with real estate than stocks and would think I'm crazy for suggesting this.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
19 January 2025 | 18 replies
It should be producing far better return than the passive s&p to justify the effort.Good luck