Lorraine Hadden
Do You Self-Represent in Real Estate Transactions?
4 December 2024 | 6 replies
It's not my area of expertise and believe those who focus on this line of work on a day to day basis will attract buyers and achieve a 2.5-3% better result than if I were to do this on my own.
Paul Stewart
Monday Mindset...What is your goal?
2 December 2024 | 0 replies
On top of that, our STR management company now oversees more than 90 listings under the Cozy Co-Host banner.My wife and I have transitioned from the typical 9-to-5 grind to achieving financial freedom as business owners and real estate investors.
Molly Hane
Looking for your advice on this deal (my first property)
3 December 2024 | 8 replies
The definition of a good deal is essentially buying right for what you're trying to achieve.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
Seeing someone with bad credit, messed up financial, no job, putting the debt on his parent's account to pay for this program and hope to achieve a dream that he's most likely not achieve, really breaks my heart!
Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
While the 1% rule might be difficult to achieve, appreciation and a livable flip might make sense for your goals.Greenville SC: This market has seen significant appreciation and demand over the last few years.
Zachary Engen
Using heloc for brrr and renovations
5 December 2024 | 6 replies
For example, with the numbers you mentioned and at 3 months seasoning, you can get 75% of 250k which would allow you to get all of the purchase and renovation costs after the refinance.If you are looking to get the purchase and renovation costs back within 12 months, you would want to look for a lender/broker that can achieve this with short seasoning period.
Michael Soukup
Where best to spend the money from the sell of my home.
2 December 2024 | 5 replies
If i can invest it and make a significant better return after tax than paying it down I would do that but in this instance you will never be able to achieve returns that match credit card debt.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
The buyer does the work themselves or a crew and then achieves close to a 1.5 to 2% rent to sale ratio plus equity upside.Hold each one for a few years and compare the cash flow metrics and equity growth to see where you are at.The nicer area likely over the years will have stronger rent growth.
Joshua Morency
House Hacking In New York City?
29 November 2024 | 7 replies
This would be ideal in terms of cash flow (after a few years) and equity appreciation since you'd be achieving tremendous returns on limited equity in the form of appreciation, principal paydown and tax benefits aside from only cash flow.
Lorraine Hadden
Is AN 800+ FICO CREDIT SCORE EVEN POSSIBLE?
9 December 2024 | 38 replies
An 800 credit score it achievable as I have had one for years but I will say maintaining it while doing real estate has been a challenge only because when taking out mortgages they show up as hard inquires which impacts your score.Number one thing is to not miss or be late on any payments.