Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
Once you narrow it down, start with small jobs to test their reliability and quality before giving them bigger projects.Building a solid network takes time, but having dependable people on call is a lifesaver for your rentals.
Nichole Stohler
I finally moved to a self-directed IRA and here’s what happened
23 January 2025 | 16 replies
Investor education events.I’m glad I finally did something about the small Roth IRA that was flat-lined for many years.
Keith Wilson
anyone spend 7800 for Nate Barger BRRRR program and was it worth it?
19 December 2024 | 4 replies
Quote from @Chris Seveney: Quote from @Keith Wilson: Any feed back is welcome Have not taken the course but BRRR is basically dead right now due to interest rate environment - so if you take it I am not sure you can implement any training you learn at this time.
Terrence Adams
Rental Property Investor Newbie
12 January 2025 | 12 replies
For STRs, properties near the beach or downtown tend to perform well.Start Small and Smart: If this is your first property, focus on something manageable.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Sri R.
Buying Commercial retail space
8 January 2025 | 3 replies
Quote from @Sri Reddy: I am a newbie to real estate investing and looking for guidance from the teams here to understand the sources from where we can find any small retail spaces to buy.
Frank Hotard
First Home Issues and Strategy
10 January 2025 | 4 replies
It's a small place so I'd guess it won't rent for enough to cover your expenses anyway so I'd probably sell, especially if the loss is small, it unless it's in a great neighborhood that you think will do well over time.
Luke Tetreault
2 years in, Growing Pains! What's the Strategy?
14 January 2025 | 9 replies
I feel a loss of direction and that makes it really hard for me to focus and build.Do we keep at building a portfolio of small multi family (very abundant in my market, very rare to find anything above a triplex for sale), with plans of selling the portfolio and 1031'ing into larger properties?
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
Small multi-family is hot right now due to house-hacking (low barrier of entry), and future cash-flow.