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16 January 2025 | 13 replies
And at what nominal price compared to the $24mil they paid in 2019?
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22 January 2025 | 1 reply
Looking forward to connecting!
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31 January 2025 | 3 replies
If you’d like to discuss further or share your insights, feel free to reach out to meLooking forward to hearing your thoughts—thanks in advance for your input!
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4 February 2025 | 7 replies
I would be happy to forward you the contacts of these folks so you can reach out, as well as a referral for a short term rental consultant who may have some insight.
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21 January 2025 | 74 replies
I had such a good experience with this course that I am looking forward to trying out their other courses.I want to emphasize again that I am in no way connected with this course or anyone associated with it.
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4 February 2025 | 3 replies
The brokerage should be very glad to have you onboard.I'm looking forward to your future posts as you share your success.
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20 January 2025 | 3 replies
Question- do I keep the heloc I have and just pay it down or do I get a heloc on the rental property to pay off current heloc and go forward with another property?
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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.
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3 February 2025 | 8 replies
I’d love any recommendations you might have.Looking forward to your insights, and thanks again!