Fernando Martin-Gullans
Help me use my equity to scale my portfolio
10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
Charlie Green
Foreclosure Deal in Cleveland OH
16 January 2025 | 5 replies
Thanks, Hi Caleb, Thanks for the Reply.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.Hey thanks for your reply!
Dan Audino
Intro Post - Chicago Commercial Property Manager
11 January 2025 | 9 replies
@Aaron Zimmerman Hey thanks for the reply!
La'Terrius Campbell
Wholesaling Text Blasting
19 January 2025 | 10 replies
Quick rundown on text messaging rules Get Permission: You can’t text someone unless they’ve given explicit consent (like through an opt-in form).Opt-Out: Always include an easy way for them to unsubscribe, like "Reply STOP to opt out."
Robert Medina
Attempting to brrrr but having issues
15 January 2025 | 8 replies
Thank you for all of your replies.
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
Thank you everyone for taking the time for the replies.
Joshua Lanzieri
PLS HELP!! Property manager spend $8k over budget
11 January 2025 | 14 replies
A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.Thank you for the reply and help!