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31 December 2024 | 2 replies
I want to thank the few people that took the time to welcome me to this community. I am very blessed to have found this platform.
As i mentioned in my introductory post, I am really looking to using next year to jump...
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10 January 2025 | 6 replies
There are so many strategies you can deploy depending on your goals going forward.
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5 February 2025 | 17 replies
So, with that being said, market cooled off for sure the last few months in our area.
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3 February 2025 | 6 replies
I took the course last October... got swamped in my currently real estate business... went through a 90 day "challenge" course with RAL academy....
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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.
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20 January 2025 | 4 replies
Ultimately, the decision should align with your long-term and short-term goals.
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10 January 2025 | 8 replies
This synergy makes our team stronger and keeps us all moving toward the same goals.6.
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8 February 2025 | 1 reply
Hi, I would love to hear what everyone's favorite project management software has been in the last year?
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13 January 2025 | 14 replies
Our goal isn't to necessarily move
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29 January 2025 | 14 replies
Id be happy to discuss your needs and goals and see if we could be a good fit.