Justin Brin
Where is everyone moving to?
29 January 2025 | 10 replies
In my opinion, it is better to choose an area with a path to progress.
Nick Rutkowski
Sometimes, its easier to work with problem tenants than strong arm them.
26 January 2025 | 30 replies
I assume you know at this point but in general, the goal is the screen for a very good tenant and keep them there as long as possible.
Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
Ultimately, the decision should align with your long-term and short-term goals.
Landon Sheveland
Common Mistakes/ Beginner (Fix and Flip)
4 February 2025 | 11 replies
The reason I ask is that knowing the fast movers of the area may help you choose your project.Lastly, what kind of renovation budget have you established, and is it an upfront budget, or will you be contributing to it over the time that you live in the property and renovate it?
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
We are in a safe community, so tenants can choose to leave the door unlocked or hide a key under the mat.
Abrahm Dimmitt
Prop stream or Deal Machine?
17 January 2025 | 35 replies
I know this is an old thread.I'd like to get a more recent opinion of these apps.I think the DFD options is very interesting.What we want to do is endorse one of these for our Real Estate Club in Greenville, SC and have a contest for our members to see who can find the most deals with the software.Maybe try and get a rep from the company we choose to come and speak at one of our in person meeting and also negotiate a longer trial window if possible for our members.
Brittany Daubner
Florida Property Manager
29 January 2025 | 14 replies
Id be happy to discuss your needs and goals and see if we could be a good fit.
Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 14 replies
Quote from @Emily Gowen: I only recommend investors sell when they can move the money to a better-performing investment or when the sale moves them closer to a specific goal.
Kobe Carr
DFW Area. Looking for mentor!
19 January 2025 | 8 replies
My goal is to be able to get on a facetime/zoom call with them and go over all my offers on properties.