David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
There is a theme of a lack of due diligence, reserve capital, budgeting in general, tenant screening, location, inspections, leverage, property managers and just a variety of general amateur mistakes/learnings...
Maurice Giro
How to find a coach?
9 August 2024 | 16 replies
@Maurice Giro one thing to keep in mind, if you are considering jumping into syndication, is that during markets like the one that we’re in, what it does is it sifts out the professionals from the amateurs.
Chris Seveney
My Top 5 - 2024 Predictions in Mortgage Note / Lending Space
2 August 2024 | 53 replies
Good stuff - I will be interested especially in the Short Term Rental space - the constantly predicted "AirBnBust" these last two years has simply not materialized (mostly due to the fact that most of these borrowers are locked in at 30-year fixed low rate debt from '20 or '21.)Lot of people caught up in the hype (amateurs) maybe will look to "get out" in 2023 with a somewhat drop in rates and stableish prices - lots of professional STR investors on the sidelines ready to come in - could be a robust market again as the march toward consolidation/institutionalization of STRs continues
Chuck B.
Has anyone taken Phillip Vincent's program - Mom's House?
24 July 2024 | 46 replies
But a "quick" sale to amateur investors who just paid for a course organized around the guru model advertised on a cheap wordpress website?
Olivier Colson
URGENT HELP - Buying house with existing Section 8
15 July 2024 | 7 replies
Hello,I am upstate NY amateur investor in quality single family homes.
Navid Sadighi
How should I continue to grow my dad’s portfolio?
9 July 2024 | 22 replies
But I’m nervous to invest their money as I’m pretty new and an amateur to investing.
Cody Journell
How to get more PM customers
8 July 2024 | 15 replies
I know of at least six offices that have started offering property management and I need to educate other agents that there's a difference between what I do and what the amateurs do.
Gerry Cohen
DO NOT INVEST with SCOTT CARSON (We Close Notes) or Inverse Asset
10 July 2024 | 256 replies
`I remember seeing the materials he was giving out as templates in one of his first note camps and it looked so amateur-ish it completely turned me off to his info products.
Sanket Patke
need help analyzing a cash flow negative deal
3 July 2024 | 13 replies
@Sanket PatkeHello, I am an amateur investor, can you help me understand how NEGATIVE cash flow, still gets you a 9% ROI?
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
Quote from @Yongming Huang: Others are giving some decent answers, but I really think it's because our market is saturated with amateurs and part-timers.Let's say there are 1.5 million agents.