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Paying off Rental or Primary
31 December 2024 | 8 replies
@Raif Jochim without knowing details of each loan, I would almost always choose the primary home.
David Sohn
Buyers Rep Necessary?
7 January 2025 | 2 replies
In this option your agent would either get paid from you directly in your closing costs OR from the seller via seller concessions.like Russell said, if you are comfortable with the transaction and understand what you are signing and you don't need things explained and you have connections with inspections and title companies then go for it.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
12 January 2025 | 7 replies
You can be sure they will continue to negotiate for, strategize and advise themselves.If the laws are similar where you are, you should consider if you want someone doing those things for you, and whether you are comfortable going toe-to-toe alone with a licensed professional on a $1.25 million purchase.
Sam Evrard
How to analyze different locations
12 January 2025 | 4 replies
I would advise finding an investor friendly realtor when you choose a market.
Balachandar Duraiswamy
Rental property - Advice
7 January 2025 | 3 replies
Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
Arch Stanton
Thoughts on turnkey 5.5% cap with little cashflow with 70% LTV, Little Rock AR
13 January 2025 | 2 replies
Is there a reason you aren't willing to do your own diligence and invest on your own and choose to knowingly take a worse deal through a TK provider?
Victor Adekunle
3 Proven Strategies to Help Real Estate Investors Generate More Deals & Maximize ROI
14 January 2025 | 0 replies
Stay consistent with follow-ups, sharing updates on new opportunities.Pro Tip: Host a webinar or in-person event to connect with potential lenders and answer their questions.Why It Works:Credibility and transparency make lenders more comfortable investing in your deals.What Do You Think?
Michael Challenger
First Time (Potential Buyer) Seeking Advice on House Flipping in Charlotte, NC
7 January 2025 | 5 replies
Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.
Maranda Tucker
Charlotte, NC Market Update - Days on market averaging 90 days
15 January 2025 | 0 replies
Several economic factors are contributing to this shift:Overbuilding: Some areas of Charlotte have seen significant overdevelopment, leading to an oversupply of rental units.Tighter Money: Rising interest rates and economic uncertainty have made tenants more cautious with their spending.Tenant Behavior: Many responsible renters are choosing to stay put rather than take on the cost and hassle of moving.What Does This Mean for Landlords?