Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
From what I've seen and the reviews, it's fairly easy to find these deals and works in remote markets, as you're not maintaining the properties.
Justin Kennedy
Anyone heard of 51 west Properties based out of Miami?
5 December 2024 | 25 replies
From signing the initial agreement to finalizing the project, they maintained a high level of professionalism and kept me informed with regular updates.The deal was backed by a Joint Venture Agreement and Promissory Note, and they delivered the expected returns on schedule, with no issues along the way.If you’re considering partnering with 51 West Properties, they’ve proven to be reliable and trustworthy.
Tyler Gilpin
Can I section 8 trailers?
26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
Lena Truong
Has anybody invested in American Homeowner Preservation? 12% retu
3 December 2024 | 29 replies
So out completely. and have to restart everything- Over 100 employees have gone thru this company is less than 2 years - wow- Management Doesn't really want input / just do as I tell you- Very low pay for the crap that you have to put up with- Can't believe that they are allowed to continue there hiring / firing practices - You should hire to maintain for a length of time.
Tanya Maslach
Creating an LLC: state where properties are located
29 November 2024 | 12 replies
Unless you are getting a bank loan and are willing to accept higher interest rates and balloon payoffs, buying within an LLC is not a clear-cut decision.An LLC can be created very quickly and should costs under $1K, but you need to know there will be costs and time to maintain that LLC every year.
Nabby Boat
How do I start
30 November 2024 | 4 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.
Jonathan Chan
Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
Working with vetted, trustworthy borrowers and maintaining a robust vetting process will help ensure your capital works as hard as you do!
Kareem Daniels
New Member Introduction
27 November 2024 | 7 replies
This reduces vacancy risk and helps maintain cash flow while you learn the ropes of being a landlord.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
5 December 2024 | 34 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.