Armani Pimentel
I'm a 16yo trying to learn wholesaling to start when I'm 18
27 January 2025 | 4 replies
Being able to look one of these sellers in the eye and tell them that you can, as a licensed agent, either list their property or attempt to assign the contract, assuming wholesaling is legal in your state, is a huge credibility booster.2) Get an entry-level job, hustle, save as much as possible and plan to house-hack when you turn 18-21.
Bruce Woodruff
A pet peeve
24 January 2025 | 5 replies
It's hard enough trying to interpret the big picture, the less info they provide the less effective we are.Newbies; help us help you
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.
Alex Messner
Purchasing first home (with debt)
16 January 2025 | 10 replies
Some people are able to save money and budget and others are not really good at it.
Steven Diaz
New Construction suggestions for STR
23 January 2025 | 6 replies
Steve if you can go without buidling the extra garage below the ADU it will save a lot of money. if you can get two studios it will do much better than one ADU.
Raiyan Khan
How to go about choosing the right handyman/maintenance/management
19 January 2025 | 1 reply
@Raiyan KhanYou can search these forums for vendor recommendations but you can also join a real estate investment club in the area you want to invest and get the same info.
Mark Sullivan
Add to the Portfolio or Swap
20 January 2025 | 12 replies
Quote from @Mark Sullivan: Quote from @Tim Delaney: One missing piece of info here is how much cash you have available to invest at the moment.My initial thought was sell LLC B and hopefully you have a few hundred thousand available on top of that to buy the new building.
John Williams
Private Money Lending Gone Bad
16 January 2025 | 15 replies
Instant equity just seems to save everyone in the deal.
Enrique Toledo
Seller financing financial questions
27 January 2025 | 7 replies
My recommendation is before chasing all these real estate deals is to go earn and save some money so when a good deal comes a long you can take action and move on it.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
Health insurance payments, Health savings account lots of options.