Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
I recommend you find a qualified intermediary who:Will not commingle your funds with other clients.Holds a Fidelity Bond with Errors and Omissions Insurance.Member of the Federation of Exchange Accommodators and Better Business Bureau.Wire Transfer Security measures to counter wire fraud.Have a great day!
Joy McQueary
Multifamily // Cash Flow & Appreciating Markets
13 December 2024 | 13 replies
You can find fantastic properties that fit various investment strategies, whether it’s securing a multifamily property that offers attractive cash flow or opting for areas with significant appreciation potential.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
What ********.1) spent $250 for 60 days notice of termination to tenant back in July (stating owner will move back in October and take house off the rental market; within the laws and does not violate covid non-payment); also tenant rekeyed house back in April, in direction violation of lease agreement2) October comes and tenant still there, providing statement of covid hardship and states she doesn't have the financial means to move and will be staying put3) spent $1600 to eviction attorney to proceed with the serving in October4) tenant's attorney replied back on 12/1/2020 stating to give them a 60 day extension so they will be out end of January (to which I agree to)4) finally got a case number (trial is set for Monday, December 21) which happened yesterday; but now they are continuing to bull **** (the nerve of them to ask for one month security deposit back and I should forgive them of all debt and not pursue small claims court if they move out by Feb 1)5) I told my attorney ********, no way are they getting anything back from me and I will pursue small claims court for all back-rent owed plus property damage plus all legal fees6) so the trial continues and will re-convene back on 1/21/2020What a load of crap.
Kegan Scholl
Best market to house hack in?
28 December 2024 | 24 replies
From a credit perspective, house hacking also helps you build strong cash flow, which can make it easier to secure financing for future deals.Additionally, if you're targeting high-appreciation markets, you could also look into cash-out refinancing down the line to pull equity and fund additional investments.
Kenny Timerman
The Pine Tree Palace
10 December 2024 | 1 reply
I sourced the property off market and secured seller financing, and I also self manage it as an Airbnb host with nothing but 5 star reviews.
Jose Solis
Where to obtain vacant land loan
11 December 2024 | 6 replies
Could you advise where investors typically secure financing for similar land purchases?
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
my RE income from my rentals is semi-passive of course... so less active than W2 but more active than dividends or social security.
Scott Shumard
Anyone Worked with Investor's Edge? Looking for Honest Feedback
10 December 2024 | 2 replies
My main concern is whether it's hard to meet their criteria for properties and secure funding.
Alexandre Boustany
Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
Centralized Document Storage with Access ControlHave a secure, centralized system to store, organize, and share all company documents (e.g., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.
Mike Sfera
Right Down Payment Amount??
10 December 2024 | 14 replies
My strategy has been to grow aggressively (by using as little of my own money as possible) to secure good assets, and once stabilized, then work to pay down loans to own them free and clear sooner rather than later.