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31 January 2025 | 19 replies
While I didn't love the 30% cut they took, I was happy to have it in experienced hands (and a lot of what they did, advised, etc. was on-track with what I had researched, discovered here and on other STR forums).
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29 January 2025 | 10 replies
Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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23 January 2025 | 8 replies
Converting properties to multi-family is considered extensive rehab and those programs are a little more exclusive than the standard bridge loan programs.
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27 January 2025 | 21 replies
Most people that have been in school as long a you have develop high standards for themselves and others.
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11 February 2025 | 31 replies
They also like to acquire MHP with higher vacancy/ vacant pads (not sure what the industry standard is).
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7 February 2025 | 31 replies
I wouldn't recommend a standard buy and hold rental because you'll have to pay both your HELOC and mortgage on the house.
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22 January 2025 | 1 reply
He said it's standard practice that they don't want agents there.
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28 January 2025 | 15 replies
Once she receives a voucher, you’ll need to register as a Section 8 landlord and have the property inspected to meet HUD standards, which can take 30–60 days.If you want to move forward with rehab quickly, a cash-for-keys arrangement might be faster.
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21 January 2025 | 74 replies
You are free to set your terms and connect YOUR client to the private lender that you think will work best for your client.I think the skills taught and the resources provided in this course are worth the $500.Having said all that, as I stated before, at the end of the four weeks I discovered that I would not be able to apply this to my particular niche.
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23 February 2025 | 84 replies
The "online leads" trend becomes a vast pool of scams, each one discovering a new and "better" way to find motivated sellers via SEO/Paid adds/Social Media etc, and automatically aims to make a profit from selling those so-called leads.