
13 November 2024 | 13 replies
Be sure to let them know the advantages of working with you.Personal Property SignsGenerally considered one of the most straightforward strategies exercised by those trying to find cash buyers, personal property signs are exactly what they sound like: signs placed on a subject property with the intent to market it.

15 November 2024 | 10 replies
My personal residence has a single basin sink and we use a drying rack similar to the one pictured below and never really even considered it a problem

13 November 2024 | 11 replies
If you aren't close to the property having a solid “what if” emergency person helps.

12 November 2024 | 17 replies
I didn’t respond to your negative post to win an argument—I replied to encourage him and others not to give up on a dream just because one person may feel it’s not achievable.Listen, have you ever considered that maybe you and even a few others may be wrong?

13 November 2024 | 8 replies
I personally would always play the role of GC myself.

13 November 2024 | 13 replies
Given your experience and strong financials, you have some solid options:Commercial or Portfolio Loan: These are tailored for investors and can help you avoid personal guarantees, especially since you have an LLC.BRRRR Loan (Buy, Rehab, Rent, Refinance, Repeat): Some lenders offer BRRRR-specific loans with funding for purchase and rehab, allowing you to refinance based on the new ARV once stabilized.HELOC or Cash-Out Refi on Current Rentals: Tap into the equity on your single-family rentals to secure funding for the 4-plex purchase and rehab without high origination fees.Each has pros depending on your cash flow goals and timeline.

16 November 2024 | 24 replies
At the end of the day, after claims are made, attorney demands, lawsuits, E&O insurance, etc... the one responsible for payment will be the person who borrowed the money and didn't pay it back.

16 November 2024 | 14 replies
This is basically an unsecured personal loan, like a credit card.

13 November 2024 | 23 replies
Refinancing it with a renter inside will get you more money back than what you put in, and you can keep doing this over and over.So, the verdict is: if you buy it right and rehab it right, the general rule should always be to keep it (for now).That’s my personal opinion.

11 November 2024 | 3 replies
But there's more to it than real estate confidence.If you don't feel good about yourself as a person, as a human, you won't be at your best as a real estate investor.