Phillip Austin
Should I fire one of my owners?
3 January 2025 | 8 replies
Making such a hasty decision on two weeks worth of knowing these people as your customers seems like a rash decision to me, but I don't know exactly what's going on, and sometimes personalities just do not mix well together.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
Cynthia Lee
Partial rent payments
28 December 2024 | 13 replies
Generally speaking, my landlord-tenant attorney encourages use of these forms rather than writing up a custom agreement.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.
Ana Mills
Handyman can connect eletrics for Mini Split
23 December 2024 | 15 replies
I once ran across a hot tub where the customer mentioned it tingled when they were getting in it .
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
I am currently working to find ideal properties.
Timothy Lawrence
House Hacking Advice (Washington D.C, Nova, Baltimore Area)
8 January 2025 | 11 replies
It's a great strategy but I agree with @Jack Seiden, having roommates at 30 isn't ideal.
Jack Cottrell
Help me adjust my expectations - first deal pending
22 January 2025 | 32 replies
Ideally you want to be West of HWY 71
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
21 January 2025 | 32 replies
While that's certainly not ideal, my leverage was low to start with and my loan maturities were ten years so I have staying power to sell into a better market.Looking ahead, anything I'd buy would have to cash flow out of the gate in a higher-rate climate.
Gaetano Citera
New construction: Pre Fab or Stick Built
25 December 2024 | 4 replies
I deal with manufactured, modular and site built.