Andrew Swaim
finding discounted deals, im struggling
2 February 2025 | 2 replies
But it had been for sale on the market since July, 2024.
Bryce Cover
Analyzing the Impact of Selling vs. Renting My Property
6 February 2025 | 3 replies
I’d appreciate your perspectives.Here are the details about our current home:3/2 Class A property in a middle-America town with historically ~1% annual appreciation.Purchased in 2020 for $200,000 at a 3% 30-year fixed rate.Remaining mortgage: $150,000.Estimated value: $270,000 (based on recent sales).After selling costs: Likely $100,000 in net proceeds.Rental potential: $2,000–$2,300/month.PITI: $1,200/month ($700 mortgage + ~$500 insurance/taxes).Maintenance/CapEx/Vacancy (20%): ~$400/month.If kept as a rental:Net cash flow (self-managed): ~$500/month or ~$300/month with property management.Low appreciation potential but ~$400/month in principal paydown.Considerations:What’s the additional overhead of managing a second rental property remotely (3 hours away)?
Craig M
wrap mortgage - how would you structure this?
19 January 2025 | 10 replies
Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.
Riley Poppell
Condo Purchase in Lincoln Park
22 January 2025 | 2 replies
Purchase price: $540,000 Cash invested: $108,000 Sale price: $540,000 My client bought a condo in Lincoln park.
Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
2 February 2025 | 178 replies
This is insane that these guys got that large of deposits on a pre sale rental house construction sent directly to them.
Sean Leahy
mid term rental
5 February 2025 | 5 replies
Hi @Sean Leahy - good direction, I've never considered this but now that I think about, whenever I've had some random rental/sale listings I've been approached by brokers who said they represent folks that are part of the insurance company's claim management process (e.g. their house burnt down due to an accident).
Remy Piazza
Is anyone working with or has worked with Wicked Smart REI Coaching program?
20 January 2025 | 6 replies
I learned about them from a Rent to Retirement podcast where they interviewed a former W2 FT sales guy in tech (that's me today...) turn real estate investor.
Cody Caswell
Save Hours at Home Depot + Lowe's
25 January 2025 | 7 replies
I have sales reps that know me, free delivery, net 90 billing, constant product updates a bullet proof warranties.
Franklin Perez
Beginner REAL STATE enthusiastic
31 January 2025 | 8 replies
"The man who represents himself has a fool for a client" was said about attorneys, but it could be said about a new investor representing himself in a sales transaction.
John Reagan Johnson
Connecting with Real Estate Agents
22 January 2025 | 5 replies
You will get plenty of that at your office sales meetings, office training, CE training, board and association training.