David Putz
Lets hear what Note Servicers other Note Investors use.
2 January 2025 | 29 replies
What state will your loans be in? I
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
Simon Walker
Where to take the journey?
12 January 2025 | 7 replies
Interest only for 1 year than P&I kicks In. I
Henrry Novas
Looking to Connect with Spec Builders
10 January 2025 | 7 replies
ya those are totally open ended questions your going to have to figure it out from here on your own or with someone else chiming in.. I
Jack Phillips
Best CRM to use in 2024?
26 January 2025 | 19 replies
It does have Power dialer and when leads come in, I know it's from that person that integrates with my CRM.
Mayer M.
Real Estate Professional Status/Time Tracking
25 January 2025 | 91 replies
The Zip code its in is 44703. what do you think about that area?
Sean Doyle
Best Section 8 Markets
9 January 2025 | 30 replies
@Sean Doyle - Toledo is the only city I operate in. I
Amos Lee
Ohio or Vegas??
6 January 2025 | 8 replies
If you live in Vegas and can self-manage the property, I'd likely recommend sticking to the market you know and have succeeded in. I
Brendan Jones
First property advice
9 January 2025 | 9 replies
Quote from @Brendan Jones: When it's a home you intend to live in, I lean towards focusing on what you want, then making it work as best you can as a short-term rental.
Chris Menne
Should I Sell or Rent Out?
3 January 2025 | 18 replies
I always try to find better markets to buy in but once I dive in I can't find a better place than where I am at.