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Results (10,000+)
Casey Wilson Advice on strong Detroit Metro areas for rental property investing
29 January 2025 | 6 replies
Many of the neighborhoods which intersect with downtown are experiencing waves of new residents looking to join in on the action
Suzanna Gittrich new CRM. I currently use Followupboss, propstream-- looking for best bang for my buck
30 January 2025 | 12 replies
If you are a solo-preneur, you can tag another investor in the group to assist.We have action-plans and drips for investors to use for lead generation via call, text, email, door knock, driving for dollars Most of this is done out of the box versus heavy configuration and customization like other systems. 
Josh Buchanan Any reviews of RentRedi?
19 January 2025 | 51 replies
My issues with RentRedi have not risen to the level requiring immediate action
Alex Messner Purchasing first home (with debt)
4 February 2025 | 12 replies
All being said, most real estate investors advocate that the earlier you can take action and acquire your first deal, the quicker you'll learn.
Enrique Toledo Seller financing financial questions
27 January 2025 | 7 replies
My recommendation is before chasing all these real estate deals is to go earn and save some money so when a good deal comes a long you can take action and move on it. 
Brandon Cormier Off market Value add 4 family success!
24 January 2025 | 2 replies
Tenants were ecstatic that I have been fixing things that were neglected for years and based on units in Clinton trading for about $200k a door, the property will likely appraise for 750k+ Lessons learned?
Alex Moazeni Teanent stopped me from removing a storage fence
27 January 2025 | 5 replies
Is there any legal action she can take against me?
Michael D. VALUE: Now vs. What it could be
10 February 2025 | 16 replies
Eric the big one for us is when trying to buy subdivision land.. and seller see's one acre being fold for 400k and they have 30 acres and now want 12 mil.. when in fact larger parcels for SFR are trading on the market at say 200k an acre.. they refuse to understand that it cost 50k or more per lot to get those lots buildable.. they just do the simple math and stick that price on them.  
John Lasher Coaching for multifamily?
31 January 2025 | 24 replies
Coaching is a great option if you're looking to take action quickly.
Andy Wang Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.