Kobina Grant
Excited to join the community
22 January 2025 | 4 replies
And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Kyle Lipko
Residential Single Family Home
19 January 2025 | 0 replies
Purchase price: $376,613 Moved to Orange Park, Florida, from Delaware three years ago, choosing this home as the perfect place to settle and grow.
Amamihe Nnodum
A year review of my second property purchase
24 January 2025 | 0 replies
It's OK to be more tenacious with negotiating down, and make the most out of a slowing market to buy at lower prices.
Cesar Cordero
Property in Isabela, PR, investment has not been completed/finalized
23 January 2025 | 0 replies
Purchase price: $150,000 In the process of buying 1.21 acres in Isabela, Puerto Rico.
Esther Kamga
How to find Leads
24 January 2025 | 2 replies
If so, I'd like to connect and get pricing for a couple of permits out here in FL.
Muhammad Kashif
Is it still worth getting into land flipping (for new investors) ?
22 January 2025 | 3 replies
With land investing/flipping becoming more democratized/accessible (so many landed courses, tools, resources etc), current prices/RE trends etc, is it still worth getting into land investing/flipping for a brand new RE investor ?
Jeffrey Bourque
Found a Deal but Not Sure
27 January 2025 | 7 replies
Quote from @Jeffrey Bourque: Hello All, I am new and this is my first attempt at purchasing a property with the intent to create monthly cash flow.The property: Triplex Listed at $140,000 - Total monthly rent income $2,150 - Tenants want to stay and are all willing to sign new leases for 3 years - 8 beds 5 baths and 3,500sqft livable space on a 4,800sqft lot - Heat and electric paid by tenants and water trash paid by owner $180 month - I have managed to talk the selling price down to $105,000 with a kick of $10,000 for closing and commissions so $115,000 all in - Building is in fairly good shape according to pictures and questions but have not done a inspection yet - some general maintenance repairs are needed according to the seller but nothing that seems to bother the tenants. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)
Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
Pricing higher than a bank ( if you can actually get a bank to lend you money in the first place)2.
Matt Wan
How should I vet a small lending company
27 January 2025 | 7 replies
Biggest difference will be in pricing.