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28 January 2025 | 4 replies
My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.
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30 January 2025 | 4 replies
I do / done many rent to own (contract for deed) and a few seller finananced deals where I keep the note.Why not in parallel use a flat fee listing on MLS too?
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4 February 2025 | 87 replies
He liked the idea so we created an LLC and a partnership agreement and he deposited 100k into the business account.
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25 January 2025 | 2 replies
But, a fair deal and a good deal are two different things.
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8 February 2025 | 42 replies
You could build a crazy amount of wealth and a great career doing that.
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30 January 2025 | 8 replies
Which essentially puts some standards in place and a good guideline for handling all things in the company. ie. company mission, telephone standards, tenant screening process, etc.
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24 January 2025 | 0 replies
Proper research, budgeting, and a well-thought-out strategy are key to minimizing risks and maximizing returns.In the end, BRRRR is an active investment strategy that, when executed correctly, can lead to long-term wealth creation, a steady stream of rental income, and a scalable real estate portfolio.
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8 February 2025 | 12 replies
I also practice as a Realtor because I enjoy it and it is extra income.So as an investor, your options are to get your RE license and have access to a lot of tools and do the research yourself (therefore you're paying with time, energy and a little money) or you work with a great realtor/investor in the specific market you're looking into.
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23 January 2025 | 0 replies
The challenge was balancing the relationship between landlord/tenant and a personal/friendly relationship.
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8 February 2025 | 15 replies
For me a good SFH is going to be $300K now (which doesn’t make sense) and a 4-6 unit is between $375K-450K.