Breeya Johnson
Strategies to Find Deals in Austin
19 December 2024 | 2 replies
A wholesaler in Pflugerville brought me a deal when their cash buyer fell through, and it ended up being a win-win.Digging Into Pre-Development Permits: Austin has a lot of new developments, and I’ve had success reaching out to property owners near upcoming projects.
Ryan Cousins
San Diego - Where to look?
19 December 2024 | 22 replies
Buyer letters were great too until they did away with those.
Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Joshua Parsons
Really long distance investing (International)
18 January 2025 | 42 replies
They've become a sort of extended family.Otherwise, I had done wholesale acquisitions and a live-in flip.I have a YouTube channel with a few videos that discuss house hunting, nuances of buying real estate in Italy and show some of our renovation process.
Katie Southard
Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
Primarily 3/2 first time buyer homes.
Jeffery Campbell
Go where the opportunity lies!
18 December 2024 | 3 replies
Purchase price: $62,950 Cash invested: $45,000 Single family home with all the Capex updated making this home a great place for an first time home buyer or someone looking to optimize there portfolio.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
I am sure there are plenty of cash buyers looking for deals at 65% ARV.
James Bolt
On the right track?
26 December 2024 | 14 replies
You can find lots of real estate related resources (wholesalers, buyers, contractors, realtors, lenders, property managers etc.)
Jonathan Warner
No finacing contingencies allowed?
13 December 2024 | 12 replies
serious buyers but also the property may not qualify for traditional financing.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
He didn't even do an assumption here...with an assumption the lender knows the property is being conveyed and the new buyer is assuming the existing mortgage which is a lot less risky for both the buyer and the seller.