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10 February 2025 | 9 replies
I'm trying to stay on the west side of the river.
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19 February 2025 | 8 replies
My PERMANENT portfolio is my SDIRA; I try to buy more solid performing notes that I won't need to work on (although they haven't all panned out that way...).
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14 February 2025 | 10 replies
Quote from @Sebastian Medina: I would search out people in your market that are flipping, and try going to a couple meetups as well.
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20 February 2025 | 4 replies
New to Real Estate and trying to find the best way to create leads and reach people about investment properties.
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20 February 2025 | 6 replies
Quote from @Greg Strunak: Hey everyone,I'm going through a divorce and trying to figure out the best way to keep my Airbnb property.
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20 January 2025 | 7 replies
Try to put a bigger down payment in than you might need to give yourself some breathing room.2.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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19 February 2025 | 4 replies
Same goes if you're trying to wholesale in other states.
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22 February 2025 | 3 replies
I really trusted my agent and knew several people who had invested in Reno so I took the leap after trying and failing for years to buy my own home in really high cost cities where I lived (NYC, DC, SF Bay area).
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26 January 2025 | 0 replies
I have not posted in some time, and I must say I feel of the wagon.