Jose Mejia
refinancing a property from hard money lender
1 February 2025 | 16 replies
@Jose Mejia this is pretty simple to do.
Frank Pyle
Seeking Advice from Lenders: Financing for Community Living Home
5 January 2025 | 2 replies
@Frank Pyle yeah, this is pretty normal and the type of home you use isn't of consequence.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
I have found that it does pretty much everything I need it to to manage my portfolio.
Justin Treaster
Dallas Fort Worth wholesalers
15 January 2025 | 27 replies
It was a pretty good experience.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Robert Medina
Attempting to brrrr but having issues
15 January 2025 | 8 replies
I had an appraisal done for the refinance and it came back at 515k which seemed pretty good. now I have been in the home for a year so I can start renting it out for a decent amount of money that would pay the mortgage and I would get about 600 in rental income on top of paying the mortgage.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
It's pretty much why I'm putting myself out there on here, which to gain insight on other's experiences with working a dual agent deal.
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
@Zach Howard you pretty much MUST hold it in an LLC if you don't have the proper visa or greencard.1) Many attorneys over-hype the benefits of an LLC for each property.
Brian Dolbeare
Considering a Small Multifamily in Pittsburgh – Concerns About Street Parking
15 January 2025 | 5 replies
@Brian Dolbeare This is a "it depends" question for sure, but in most cases street parking is pretty common here.
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
The benefits of Kissimmee for a newbie is analyzing property potential is very easy - you will have a ton of carbon-copy comps to look at and the online estimators like Airdna can actually be pretty accurate.