Joel Oh
One platform strategy
2 January 2025 | 30 replies
This risk here far outweighs any small gains in ranking.
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 January 2025 | 68 replies
These companies, run by Kevin Bupp, Brian Spears, and Joanna Bupp, and how they buy up "mom & pop" mobile home parks, jack the rents up immediately to gain the most profit in the shortest amount of time with no care of the low income, fixed income, and elderly that were living in the mobile home parks comfortably.https://www.wivb.com/news/investigates/akron-mobile-home-residents-fight-back-against-out-of-town-owner/1779504663 That's how life works.
Greg Maden
Kingston NY meetup
30 December 2024 | 1 reply
Let’s see if we gain enough interest and make a meet up happen, maybe even a monthly thing.
Dan Ross
Is the Pace Morby Subto program worth 10,000 dollars?
28 January 2025 | 48 replies
After I gained a lot of experience, I was able to do more deals using other people's money.
Felicia Reid
Inspiring Entrepreneur in progress
30 December 2024 | 4 replies
I’m currently in the research phase for obtaining my first property, and I am looking to gain insight on market trends, investment strategies, and project management.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
And personally I put way more weight on buying the right location as a buy and hold investor than saving some dollars on the front end.
Shiloh Lundahl
New Partnership Model
3 February 2025 | 81 replies
Let me break down the numbers for you on the debt model versus the equity model.Equity Model for the house on Noble:With Debt 7.875%Purchase Price$137,900.00Title Fees$4,541.00Financing Costs at purchase$1,700.00Insurance$1,257.00Rehab Costs$40,000.00Utility Costs while vacant$450.00Taxes while vacant (3 monts)$150.00Hard money payments$4,311.67Option Fee$3,900.00Loan$180,000.00Refinancing costs$8,000.00Reserves in account$10,000.00Shiloh's 5k share of profits$5,000.00Amount left into the deal$29,409.67Rent$1,500.00Monthly PI Payments$1,300.00Monthly Taxes$54.00Monthly Insurance$105.00Cash Flow$41.00Sales price$269,900.00Loan amount after 3 years$175,000.00Closing costs on the sale$2,000.00Proceeds from sale$92,900.00Profits from sale$63,490.33Profits from Cash Flow$1,476.00Profits from Option Fee$3,900.00Total Profits$68,866.33Dividing the ProfitsOperating Partner$31,933.17Money Partner$36,933.17Total money returnedOperating Partner$36,933.17Money Partner$76,342.83APR for Money Partner42%Return for the money partner for the debt Model for the house on Noble First position lender 180,000 at 75% of the $240,000 ARVSecond position note from private money lender for $12,000 leveraging the property to 80%.If the option gets exercised at the end of the option period to keep the scenarios the same, then the total gain for the $12,000 would be $3,600 for the 3 years at 10%, which is what I would offer in second position for a note less than a $25,000.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
@Kyle Cross, correct me if I'm wrong, but I think maybe what you're getting at is potentially pitching to your parents that you would like to take a shot at personally managing the units to gain experience and some form of compensation.
Eric Helena
1031 exchange with relative
31 December 2024 | 2 replies
Thoughts and suggestions or too complex and take the hit on capital gains tax as I sell my rentals?
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
They do local meetups but you can at least gain access to true off market properties as apposed to using wholesalers.