Cody Maxwell
Seller financing on large SFR property
25 December 2024 | 1 reply
The seller will also have to sign documents that are required and it will hold them liable for debts since they are on title.Best way to set that up is run the numbers and create a partnership based on the equity of the land and your cash injection and sweat equity.
Charles Fay
What to do with savings
2 January 2025 | 8 replies
When you’re investing with leverage, I think it makes more sense to do it in a market that’s showing plenty of signs for growth.
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.
Rick M.
What to do if tenant falls a month behind
25 December 2024 | 12 replies
", just sign the deed over to them.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
You have to skip that rhetoric, show what you did in LA, and have someone there who is in the neighborhood you want to buy in looking at the yard signs to see who lists flipped and done projects and who is selling the ones that need to be flipped.
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
(Finance of America, Civic Financial, a few other players) They raised rates on there 30Y product about two weeks ago.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
AND Its my contract the customer signs .
Alex Iverson
Reelvest, Land Conquest, Turning Profit, Pete Reese
24 December 2024 | 4 replies
Quote from @Robert Gunn: I would also be very interested in hearing student or JV experiences with Pete and his program.I stumbled upon him by chance and for fun (I've been investing in land for years) signed up for his "free" course, which he promises after he pitches his $499/mo software system (which is basically an overpriced CRM) and then after the first "Level" in the course, you are directed to a pay page to access the rest of the "free" course.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
Suing was their way to create a record...coincidentally the client probably would have just signed an easement for them without the suit...but they chose to file first and then discuss.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
The fact is there are more money and guests than ever in the STR world and this is attracting bigger players who will crash existing hosts if they don't adapt to the new ecosystem.