Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Cody Caswell
2025 Design Trends to Use on Your Flips
22 January 2025 | 2 replies
Giving something fresh to the bathrooms rather than just matching the kitchen cabinets really gives the space a custom feel.2.
Collin Hays
I fired dynamic pricing today
28 January 2025 | 14 replies
I find the interface easier to manually update rates across my portfolio, OwnerRez doesn't easily let me match rates across my properties on a spot basis (unless anyone here has other recommendations that uses OR).
Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
A tax attorney would be overkill.If you're interested in talking about how to match with a CPA who specialized in self directed accounts, send me a PM and I'll get you some details.Best of luck!
Jonathan Greene
Why You Should Never Take a Break as a Real Estate Investor
27 January 2025 | 26 replies
You should take a break from buying if the deals don't match your buy box, you are out of money, or for several other reasons (partner isn't on board, over-leveraged on different properties, acting out of FOMO, etc.).
Nick Rutkowski
Not Going As Planned
29 January 2025 | 3 replies
Hour 1 goes by, we're still working on this door, none of our marks matched up, now one side of the door wasn't working when it was previously.
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
And if the comps don't match your property they can't be used.
Nicole Gauthier
Is Furnished Finder worth it in Urban areas?
29 January 2025 | 10 replies
It will be on you to reach out to these folks to see if you would be a good match for what they need.It is *not* a site where people can just put in their travel dates and find, book and pay for a place to stay without interacting with a human.
Matthew Brown
Syndication: Fairway America Vivo Rancho Cordova - Review
20 January 2025 | 6 replies
None were a match for me personally and many were not a strategy I wanted or too speculative (such as opportunistic strategy which is the riskiest strategy or investing in tertiary markets which also tend to be the first to go belly up when there is trouble etc).You probably actually want to look at your operating agreement to see what rights you have to books and records, etc.
Melanie Alzugray
Newbie Investor looking at Kissimmee, Florida
17 January 2025 | 3 replies
While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.