Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
There are companies out there who purchase homes, renovate them, sell them to investors and manage for those investors as well on the back end so it can be an extremely passive way to invest.
Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
27 December 2024 | 13 replies
Your current numbers make no sense (600K property at 70% is 180K down and 420K financed, but four 300K properties at 95% is 60K down and 1.14M financed).The odds of finding someone to loan 95% on four investment properties is extremely slim.
Louis M Cocce Jr
Passive investing with a syndicator
19 December 2024 | 7 replies
Extremely helpful advice.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
However, it seems extremely high risk as, to my knowledge, it is unsecured and only backed by a 'promise' to repay not any hard assets or relevant collateral.
Brad Pierce
Property Management website recommendations?
19 December 2024 | 8 replies
It has a free version and in the event you'd like to upgrade once you obtain more properties, the monthly cost is extremely reasonable.
Jonathan Greene
What are your real estate investing goals for 2025?
30 December 2024 | 103 replies
Counselor called it the most extreme case of rebelling he had ever seen after initially questioning the issue due to our sons accolades/accomplishments.
Kevin Luttrell
Property management company recommendations in OC
19 December 2024 | 2 replies
Of course, always check recent reviews.. they tell you more than a flashy website.Size Matters: I’d avoid both extremes... massive firms managing thousands of units and one-person operations juggling too much.
Robert Ok
Does This 2015 Book Still Have Current Info (The Book on Rental Property Investing)
16 December 2024 | 5 replies
For instance, someone making $500k a year and living in a very highly appreciating market might be extremely happy on a deal that loses $200 a month but is getting 5% appreciation on a 2 million dollar property in San Diego, butut that doesn't make sense for the investor with 30k and a lower paying job.When it comes to the book series I agree with you that the order doesn't make sense (having read both).
Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.