Dan McClain
New to real estate investing
15 October 2024 | 5 replies
You may also want to set some keywords around "agent" and "lender" for that market to get to know who the players are in the space that are involved in the community.
Cameron Moore
When to Move Your Insurance Portfolio from Multiple Carriers to a Program/schedule?
17 October 2024 | 1 reply
In some cases, carriers might even offer multi-year rate locks, providing even more stability.The Downsides of Consolidating Your Insurance ProgramReduced Competitive PressureHaving multiple carriers compete for your business can help keep premiums in check.
Lance Turner
LTR with an STR ADU
23 October 2024 | 28 replies
The reason I ask is that studios compete with hotels and hotels are efficient.
Yogev Lifchin
Google Ads Tips for Wholesalers: How NOT to Write a Google Ad as a Wholesaler pt 1
16 October 2024 | 0 replies
This search term will more likely attract potential home buyers.As we all know, targeting buyers can be a waste of money when competing in this competitive market where each investor/wholesaler is fighting for the next best distressed seller.Now, what else is this advertiser doing wrong with their ad?
Stuart Udis
Education Syndication Model: The Road Map
22 October 2024 | 23 replies
The community should be for members only, and they shouldn't compete with the educators.The real problem, in my opinion, is groups that only teach syndication.
Diaz Principe Nicolas
STR Hosts challenges
16 October 2024 | 13 replies
I think novice operators are trying go too heavy on amenities to compete with the big boys/girls/people and they can't do it as well because they don't have the operational experience.Consistency is the key for new operators and that goes for quarterly photo updates, dynamic pricing, and communication.Too many people got into the space in the past three years who thought of STRs as passive income when that is just silly.
Dave Yates
Advice on Multifamily Investing Alberta
15 October 2024 | 3 replies
I take it you're not Edmonton based, so you'll be competing with other's who's numbers don't make a whole lot of economic sense once you factor in the value of their time.- Most of the deals that came our way were for 60-70yr old wood frame buildings, that had been owned by their current owner for 25+ yrs, and we felt there was a definite risk that the economic viability of the asset was less than our planned (buy and hold) time horizon, and we were also highly skeptical of the insurability of some of these buildings or that the cost of insurance would not balloon once the ownership transition forced the insurers to reassess the building.Ultimately we pivoted to retail/light commercial mixed use properties.
Leana Ruggles
Looking for help with my first REI
15 October 2024 | 21 replies
She has a semi pro baseball player for the summer, and another contract worker.
Jonathan Feliciano
What's it like having a business partner?
16 October 2024 | 14 replies
All agreements should be made by competent independent council (if possible these days, not sure).
Tar-U-Way Bright
Should I House Hack?
16 October 2024 | 16 replies
Reason being - conventional financing is way more favorable compare to FHA when it comes to competing offers.Fannie/Freddie is offering a 5% down conventional loan product on owner occupied small multifamily properties as of Nov 2023.