Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
So you're making your standard monthly mortgage payment, while simultaneously making occasional lump sum prepayments via the HELOC.
James Wise
Clayton Morris / Morris Invest House of Cards starting to fall.
11 February 2025 | 1681 replies
Their entire site is dedicated to the concept!
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
Did you use standard offer contract for your jurisdiction?
NA Lewis
Canadian looking to invest in Ohio
7 January 2025 | 13 replies
Columbus - less monthly cash flow - higher predicted long term appreciationDayton - More monthly cash flow - standard expected appreciation
Nicholas Nakamura
Investing in Ohio-Specifically Section 8
5 January 2025 | 33 replies
To invest in Section 8 housing, look at areas such as Cleveland, Columbus, Cincinnati, and Dayton, choose safe neighborhoods, study Section 8 standards, analyze property types, and explore financing choices.
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 replies
----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jason Mitchell
New Detroit Rental Investor
8 January 2025 | 9 replies
@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jennifer Turner
How to modify terms of a seller-financed mortgage?
27 January 2025 | 10 replies
Again you enver have to accept it but it means you will offer it (ie. review it).This is standard for most investors to offer this.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Another key benefit is diversification; an SDIRA allows you to include real estate in your portfolio, reducing risk by spreading your investments across different asset types, which isn’t possible with a standard IRA.Moreover, assets in an SDIRA often enjoy protection from creditors, adding a layer of security to your investments.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Perception of LiabilityLicensed agents are held to higher standards and may face legal consequences if they don’t meet fiduciary duties.