Greg R.
Guidance for a newbie please!
28 October 2019 | 46 replies
My goals - livable income from property within 5 years, efficient velocity of capital (reuse money through refinancing etc), learn as much as I can, have fun, more time with family.
Mario Dickson
5 Properties Inherited in Memphis
7 August 2019 | 19 replies
PROS: zero dollars of existing money Increase velocity of money She doesn't have to deal with 2 major flips Great cash flow and in position to acquire more propertyCONS: going to take sweat equity (Not really a con for a newbie) multiple moving parts Goodluck!
Cole LeBrun
21 and hungry for knowledge
2 August 2019 | 2 replies
But I’m conflicted on where to start in terms of building a strong foundation in my portfolio while still having enough velocity behind my money to grow.Should I start with a SF rental and hold for the 1031 deferred (4 greens and a red type strategy) or go after Tax / lien sales to flip/sell in the short term until I can afford a multi family property.
Alvin Uy
If you had access to a $900k HELOC, what would you do with it?
7 August 2019 | 77 replies
People have talked about it here before "velocity banking".
Shawn Mcenteer
Purchased property with cash looking to mortgage it
15 August 2019 | 4 replies
Combining some concepts from velocity banking with investing could lead to a pretty sweet scenario!
Cody Robison
To sell or not to sell profitable vacation rental
20 August 2019 | 7 replies
I wish I could remember which of our BP colleagues coined the acronym VOM (Velocity of Money), but that seems a great description & something worth striving for.
Clint Harris
Short Term Rental- Getting started & my first No Money Down Deal!
9 August 2019 | 7 replies
We've put crazy velocity to our investing money.Short Term Rentals: The numbers, how I got started, and my first No Money Down dealHey y’all, I’ve been posting a little recently sharing some of our success in short term rentals (STR) on AirBnb, VRBO, Homeaway, Booking, Travelocity, etc.
Kazi Islam
Using HELOC to pay off mortgage or buy investment property?
6 May 2019 | 1 reply
@Kazi Islam, this is called "velocity banking" and can work.
Taft B.
I have $150K and want to start getting a property every 6 months
24 June 2019 | 14 replies
Point well taken, I understand it's meaningless to this conversation, it's just my own sense of velocity
Vineet Bindal
Need Advice: Thinking to buy new condo to renting out in Bay Area
30 May 2019 | 27 replies
Of course it would be okay should the gains be there, but the velocity of your capital in this scenario becomes extremely low.