Sean McDowell
Recent Columbia, SC Fix & Flip
31 December 2024 | 15 replies
We have been primarily buy and hold and wanted a secondary source of capital to fund our buy and holds.
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
8 February 2025 | 104 replies
It's not like you have an unlimited source of DP's available to you, and buying all cash is foolish.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
So, I will not be needing to source leads as much.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
The real work is locating these properties and I've learned the best way to do this is to work in towns/areas that have online GIS systems that map; topography, wetlands, soils, etc. and assessors data available for download either from local sources or listsource.com.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
I do not care what the source of the return is Historically the highest return is via a value add and appreciation and is more so recently due to the recent rate increase versus earlier this century (before 2022).However, most new RE investors cannot handle extended periods of large negative cash flow.
Jorge Abreu
Maximizing Unit Potential & Implementing Effective Fee Structures
28 December 2024 | 1 reply
As I've witnessed, rebranding can make a significant difference in the success of a property, even if the physical appearance remains the same.By charging appropriate fees, exploring additional income sources, and undertaking property rebranding efforts, real estate investors can unlock the full potential of their investments.
Charles Fay
What to do with savings
2 January 2025 | 8 replies
See source: https://www.veteransunited.com/valoans/occupancy-requirement...
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
This app is supposed to make things easier but instead has been a source of annoyance and irritation since I started using it.
Carl Rowles
Flooded House-Plz Help
29 December 2024 | 14 replies
First step is always to cut the water source and fix the leak asap.