Victor Lin
BRRRR in Seattle/Real Estate Investing in Seattle
11 December 2024 | 6 replies
The goal is to expand my network with likeminded individuals in the same market.
Akshay Monga
H1B Couple Exploring Real Estate Investing: Seeking Strategy Advice and Networking
26 December 2024 | 7 replies
We’d love to connect with like-minded individuals and seasoned investors to learn from their experiences.5.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Ryan DeRobertis
Considering first investment property in Puerto Rico
17 December 2024 | 13 replies
When those individuals are there for over half the year, it will bring prosperity to the island.4.
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
go to all the networking events you can. get around like minded individuals. read read read. always take in good information. then take action. best lessons are from action.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
Quote from @Rud Sev: Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how preferred returns/cash flows are taxed, if at all, until the amount invested has been returned.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
In my market most LTR PMs are charging more than $200/month to manage individual units.But let's ignore the work involved in building and managing the unit
Federico Dallo
Seeking Advice on Property Investment for Renting - Budget of 300K
26 December 2024 | 10 replies
Most foreign buyers are high net worth individuals who want to park their money there in a safe haven and they don't need BP.No restrictions apply to American buyers in the countries they'd generally want to buy, including those mentioned by Federico and many other popular countries.When it comes to Spain specifically, some more conservative banks will ask you for a 40% downpayment (that would be the maximum) but that isn't the rule.
Jeff Shaver
Need Advice on how to best use my equity.
23 December 2024 | 15 replies
Be sure to factor in management complexity, market research, and your risk tolerance as you evaluate options.Without a W-2, HELOC approval can be tricky, but some lenders will work with retired individuals, mainly if you can document stable income (rental income, retirement funds, etc.).
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
By leveraging this cultural connection, we aim to create a vehicle that not only provides housing but also builds community and fosters growth.Here’s how we approach it:Acquiring Labor: The primary role of our units isn’t just to house individuals but to enable them to acquire stable labor opportunities.