Eric Carlstrom
First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies
Some renters become home inspectors and will tear your place apart regarding anything (maybe for a discount).
Robert Frazier
Looking to learn. How have you scaled flipping with financing and systems?
19 November 2024 | 4 replies
Essentially, terms were prime +1 interest only for 12 months with only 1 discount point.
Omari Brown
Direct Mail In-house vs Outsourcing?
25 November 2024 | 23 replies
Some companies offer discounts on certain products or bulk orders, so it really helps to look around.
Carlos Lopes
Short Term Rental Gross Income
20 November 2024 | 11 replies
I don’t discount my units.
Andrew Fidler
Anyone else having problems with LMHA Section 8 in Toledo???
22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
I fail to see how that is any different than Bigger Pockets but people talk about it.There is a very large group that charges $20k to join and has a lot of videos and meet ups and is run kind of like an MLM where they give you a "discount" "to the next level" if you convince someone else to join.
Joe S.
What are your thoughts about Prenuptial agreements?
6 December 2024 | 51 replies
The portfolio is order to be sold and as we both know if you force a sell many times it means selling at a discount.
Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
PPR bought the non-performing notes at a discount, got them re-performing, are selling them to willing buyers and my understanding is they usually sell out immediately with over-bidding.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
Sorry, I can see offering a discount for a limited time only, after which the price goes up to whatever the full cost is, but NO reputable seller/instructor is going to literally only give you a total of 10 minutes to make your decision.Sixth, depending on the market you are in, and the specific deals you find, $10,000 could be a ridiculously small finder's fee.
Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
My firm has a fix to rent product that discounts the interest on the fix portion, and discounts origination on the DSCR portion.