
4 January 2025 | 20 replies
Great question Todd, first red flag is asking for full payment upfront.

9 February 2025 | 173 replies
Not to mention, for investors who really want to dig deep and understand the fundamentals of real estate, hands-on is the best way to get there.

9 January 2025 | 17 replies
If your going to pay 50% at least have her go over there and do some "deep cleaning" that may not be included in standard turnovers.

5 January 2025 | 5 replies
Quote from @Amy Smith: Be careful you don't get in too deep.

20 January 2025 | 19 replies
It reminds me of the “ Cutting the red tape for the rebuilding period.”

5 January 2025 | 7 replies
Unless you're buying it at a deep discount, no $280k home rents for $2,500.

4 January 2025 | 0 replies
The unique format of this event, which consists of high-level education, gamified networking, mastermind breakout sessions, case studies, group deal analysis, market deep dives, and peer-to-peer coaching facilitation makes this the most impactful local real estate investor group a real estate investor can be a part of.The foundation of the group is built around the belief that everyone in the room has the potential to change the world… however most of us never have the time, energy or financial situation to even dare to dream big enough.

13 January 2025 | 8 replies
As far as I can tell, this may be over capacity and is also a huge red flag.

6 January 2025 | 6 replies
From personal experience, this can motivate them to do a final deep clean before handing over the keys.Finally, for peace of mind, you might consider consulting a local real estate attorney.

4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?