Matt Mastrelli
Own my first deal (NJ), trying to decide to flip or hold: numbers included
29 September 2024 | 12 replies
With carrying costs, repairs, and previous unknowns, I am now looking at approximately $65k as we are doing nearly everything ourselves (I own heavy equipment and previously had a contracting/landscaping business).
Rosmery Then
Excited to Connect: Real Estate Agent, Investor, and Entrepreneur Ready to Grow with
26 September 2024 | 1 reply
I’m passionate about continuously learning and growing in every field I’m involved in.On a personal note, I’m deeply grateful to God, as His grace has carried me through many challenges, and everything I have today is thanks to Him.
Gregory Schwartz
Boring Buy and Hold Investors
2 October 2024 | 71 replies
The note carried a 7% interest rate for 15 years, so my yield to maturity was 17.7%.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
@Eric CarrI keep hearing a lot these days about bit coin supply being low but I have a hard time conceptually understanding finite supply of a digital entity that can be easily cloned (put it simply copy + paste) that is not the case with physical entities such as gold and real estate, anyone here can shed some light on this?
Barry Ratliff
HOA Organization income after Tornado damage
25 September 2024 | 1 reply
Some HOAs might carry insurance for "loss of income" due to such situations, but it’s not guaranteed across the board.
Don Konipol
Wealth Enhancement Strategies for Real Estate Investors
24 September 2024 | 0 replies
Example - sold a retail/ service center for $1,750,000 with a $1,300,000 note I carried back at 10% interest.
Phillip Bernier
Lenders + seller 2nd's = Justin B-BRRRR?
24 September 2024 | 6 replies
I'm currently working on scaling up quickly through purchasing large SFR portfolios and/or apartments, and I'm in preliminary talks with a few sellers willing to carry back a seller 2nd note of 20-30% (i.e. the down payment).I'm looking for a lender that will move forward in financing the initial 70-80%, in 1st position, alongside a seller 2nd of the remaining 20-30%, totaling 100% CLTV.
Gabriel Pietryka
Does anyone have any special Tactics for large apartment complex
24 September 2024 | 2 replies
One way to save on the negative carry is to delay the purchase until the very end of permitting.
William Coet
Syndications: General Partner vs. Limited Partner
24 September 2024 | 5 replies
Additionally, they may include a carried interest or promote structure on the back end, which serves as an incentive or commission if they exceed performance expectations.Limited partners (LPs), on the other hand, simply invest capital and remain on the sidelines.
Colt Clark
gift baskets for first time tenants
23 September 2024 | 19 replies
NEW TENANT GIFTSHere's what we give new tenants.....Cleaning Bucket with Cleaning Supplies:white vinegar, baking soda, awesome degreaser, disinfectant wipes, carpet spot cleaner, magic eraser, all purpose cleaner, scrub sponge.Tote Bag with Useful Items and Tools:hand soap, paper towels, plastic garbage bags, toilet paper, toilet plunger, Zip-It (strip for clearing hair clogs from drains), plastic clothes hangers (6), shower curtain liner (good quality cloth one), laundry detergent, dish soap/dish detergent, cutting board, "Freeze the Grease, Save the Drain" kit, “Recycle” bag for collecting materials for recyling, magnet with our name and contact information, picture hangers.Refreshments In the Fridge (for move-in day): several bottles of water, healthy snacks, bottle of sparking cider with a welcome note attached.Larger items: Welcome mat, shoe tray.