Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
@Chris ShonYes, a real estate accountant is worth what you pay them.
Chris Mahoo
Long term rental when you are not full time real estate professional
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.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Chris first I am NOT calling you foolish..
Geoff Engel
Starting late, but ready to go
23 January 2025 | 6 replies
Check out this podcast from BP, with Dave Meyer and Chris Clothier from Nov.we work with clients all the time in your situation and can help strategize your portfolio to reach your 10-15 year goals!
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
Quote from @Taylor Dasch: Quote from @David Lecko: Quote from @Preston Dean: @Chris SeveneyI've heard deal machine as a sponsored ad on the BP podcast years ago.
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
17 January 2025 | 6 replies
.: Quote from @Chris Seveney: Quote from @Cameron K.: Top 25 "hard money" lenders (Philadelphia loans only) by volume.1.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Quote from @Brian Burke: @Chris Seveney when I started my lending company with two partners our aim was to go from $0 to $2.5M per month.
Chris Seveney
The Tech Revolution in Real Estate Lending: Are We Overlooking the Basics?
16 January 2025 | 4 replies
Quote from @Chris Seveney: Over the past quarter, I have seen around $1B in defaulted fix and flip loans - many of these from new lenders since 2020 and more of a "tech platform".As we all know, the intersection of tech and real estate investing has brought incredible innovation, especially in hard money lending.
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.