Shay Sherbotseli
Property purchase near philadelphia (Main line or farther away)
26 September 2024 | 14 replies
Quote from @James Mc Ree: My guess is you are a victim of analysis paralysis.
Anna Doumkina
Cleveland. Section 8 investment.
25 September 2024 | 32 replies
@Anna Doumkina contact @James Wise with Holton-Wise
Matthew Estrada
Lessons Learned: My Experience with The 'Flip System'
30 September 2024 | 47 replies
Quote from @James Wise: Quote from @Eric Martel: Here is an email you sent us.
Antonio Harmon
How to Develop the Best Strategy for Real Estate Investing?
23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.
Don Konipol
Dealmaker in Chief
24 September 2024 | 1 reply
Thanks Don great post.Out west we had Spanish land grants that went from the king of Spain normally to the top generals.
Kon Zel
Memphis MultiFamily Investors - Need some advice
25 September 2024 | 7 replies
@James WachobWhat are some of the criteria that you look for when purchasing multifamily?
Nir Berko
Renovating a Property for Section 8 Tenancy
23 September 2024 | 10 replies
I second what James said
Tanner Sortillo
New Investor with $100k - Where would you start?
27 September 2024 | 47 replies
Quote from @James Wachob: Hello @Tanner Sortillo,They could look at picking up two properties instead of just one—maybe a new construction alongside a turnkey property.
Nadir M.
Tenant doesn’t want to place TP in waste basket
23 September 2024 | 81 replies
Quote from @James Hamling: Quote from @Nadir M.: Quote from @James Hamling: Quote from @Nadir M.: Quote from @James Hamling: @Nadir M. it's not too much TP.
Gary Dale McKee
Need advice on wether or not to rent to people on disability.
24 September 2024 | 49 replies
to James Wise...