Jonathan Grzeszczyk
Sales and Negotiations
1 January 2025 | 1 reply
So, for anyone who is further along in their journey that came across a book or content that was helpful to developing these skills, please drop a comment!
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Six months later my insurance dropped me and here is where it gets sticky.
Carlos M.
$563,313 paid in interest in 2024
11 January 2025 | 4 replies
Carlos, that’s a jaw-dropping figure… $563,313 in interest paid!
Adonis Williams
Inquiry: Mortgage Interest Rate with Point Buy Down
14 January 2025 | 6 replies
Imagine interest rates drop 2% or more in 2 years.
Ashley Wilson
New Leases versus Renewals: What matters more?
10 January 2025 | 2 replies
Alternatively, you would need to drop your rents by $500 or more to have the same impact on your cashflow and your value.
Samuel Garnatz
Greetings from St. Petersburg, FL
12 January 2025 | 8 replies
Assume a couple of months of vacancy, consider potential unexpected repairs (like HVAC or plumbing issues), and test the numbers with rents dropping by 10-15%.
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
Matthew Posteraro
Conservative Scaling for House Hacking
9 January 2025 | 3 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
So is it equally illegal when the large landlords drop rental prices in a building as vacancy increases and the market softens?
Iyke Victor
Jerry Norton and Peter Conti...Legit or not?
1 January 2025 | 15 replies
Anyone dissing Jerry, or anyone else out there who is genuinely putting in the work and deserves every penny they EARNED - In addition to dropping gems that are unmatched in the industry are either under a rock, or don't know what they're talking about because they haven't put in 2 mins of the work to give the man a chance.