Becca F.
Overleveraging, net worth, cash flow and headache factor
9 May 2024 | 159 replies
also since most of the advice in BP is coming from sell side, the return we got is the normal return hence why I am no longer interested.I am interested to gain abnormal return.my exerience- making 80k-100k per flip from 500k home is possible, only in CA- Out of state could be a good appreciation vehicle too- the wealth builder is created when we invest in expensive state only (CA/HI) with at least two properties- invest locally is thousand time better than investing outside because of the potential it creates- househacking and ADU is finance freedom LOLBut i develop a strong very atypical thesis also:- there' nothing passive about real estate investment- investing in syndication is more active than direct ownership- the risk of the unknown of unknown is the biggest issue in any real estate- at the end of the day, the probability of we as landlord is hitting problem with tenant/city is like 100% so be prepared- the difference between different type of real estate investment is the unknown factor and that's always the least discussed- strategy is always different depending on macro climate, if mney is cheap leveraging equity is the best, if money is expensive then buying debt is good option- don't chase best return but chase the most understood risk and capital preservation as a goal- not all RE investment has equal return/risk , syndication in multifamily for example is outsourcing all risk to investor while gp makes the most money lol- direct investment is always always better than indirect investment, except in certain asset class and extremely good sponsor that could find a noticeable return/risk reward.- donot follow the crowd, when everybody else is buying then it's good time to sell, vice versa LOL- if the math doesn't pencil, GTFO lol
Bjorn Nielsen
Have any of you worked with RETA/International Living?
5 May 2024 | 64 replies
No wonder that, as mentioned in the attached article, pretty much everything is described with rose-colored glasses and there is a lack of anything negative.As far as I know, they haven't promoted a development in the Dominican Republic, in spite of the fact that it can be a great place to retire and invest.
Jacob Kurian
Property Tax Increase
1 May 2024 | 7 replies
Has anybody had a situation like this before or able to provide more color on best approach / details?
Lina Emory
DSCR, Line of Credit or something I haven't thought of?
30 April 2024 | 7 replies
Would love more capital to keep expansion the other two sites too. The
Natalie Medved
Furnishing STR Do's and Don'ts
30 April 2024 | 29 replies
I throw in pops of color with other accessories.
Joshua S.
Velocity Banking / HELOC Checking Acct - It Works (Proof)
6 May 2024 | 76 replies
They should be leveraged TOO. The
Peter Stackhouse
Off the cuff Condo Purchase.
29 April 2024 | 0 replies
Go over the mortgage numbers with a fine tooth comb.
Account Closed
CA Handyman (not Contractor) has started asking for $500 in Labor per job
2 May 2024 | 41 replies
Particularly if the handyman is a person of color.
Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
30 April 2024 | 27 replies
If you want a better output you can always add more details.Potential Improvements:You could specify the types of properties (residential, commercial, etc.) or the size and diversity of your portfolio to receive more tailored advice.You could provide information about your company's specific objectives or values for a more aligned recommendation.If you have preferences for how you'd like the scoring or rating system to be (numerical, grade-based, color-coded, etc.), that could be included.If you have had previous experiences with property managers that you found particularly beneficial or problematic, including those could provide context and help tailor the advice more specifically to your needs.If there are particular areas you are concerned about (legal issues, maintenance, tenant relations, etc.), emphasizing these could provide more detailed and relevant advice.
Bret Kingcade
Should the tenant be billed for full carpet replacement?
28 April 2024 | 25 replies
If the carpet was a few years old before you moved in too, the cost should be depreciated a bit too.