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14 February 2025 | 5 replies
What are your goals for holding investments in these markets?
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3 February 2025 | 15 replies
Find a good lender, get pre approved, make sure you practice running the #'s using the 100's of videos and guides from BP, find an investor friendly Realtor, and then start making offers on any property that meets your goal.
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14 February 2025 | 10 replies
My goal is to build a strong network, exchange insights, and work with professionals in the local market.
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7 February 2025 | 6 replies
I am excited to have grown to the point of tackling this big scary goal, and can't wait to meet some of you folks.
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11 February 2025 | 5 replies
Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont?
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3 February 2025 | 5 replies
My goal is to build my portfolio over time and secure a stable primary residence.
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8 February 2025 | 3 replies
It seems like your goal is appreciation or that you are willing to sacrifice cash flow for appreciation, as long as your return is trending in the right direction.
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2 February 2025 | 1 reply
Wouldn't be worried about the office space given the location.Deal #3Purchase price $40k and likely flip or hold it that's your goal.
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10 February 2025 | 71 replies
LOL.I'll just put it this way - virtually all of the people who I meet out in the real world actually operating and owning profitable businesses don't even have a Youtube channel, and most of them have never learned anything from anyone who does.PS Anyone who uses the word rockstar to describe themselves is not to be trusted.
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19 February 2025 | 14 replies
Just make sure it aligns with your cash flow goals—sounds like it’s a solid DSCR!