Zhong Zhang
a multifamily investment case analysis
13 January 2025 | 4 replies
I would keep as much liquid as possible and essentially get you to 20% equity or more by renovating the property.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
Hey @Dalton Foote - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.
Celia Moore
Anyone have a good web developer they use?
17 December 2024 | 5 replies
Anyone have a good web developer that has room for clients!?
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
When 99% of transactions have commissions above 2%, it's essentially a fixed rate, not a truly negotiable one.I respectfully disagree with the concern about "buyers that don't have money to pay a commission to buyer agents."
Desiree Board
Advice for a new long term rental investor
11 January 2025 | 23 replies
For management, self-managing saves costs and teaches valuable skills, but a property manager is essential for out-of-state properties or scaling your portfolio.
Charles Fay
What to do with savings
2 January 2025 | 8 replies
This way your tenants essentially pay your mortgage while you're deployed.
Christy Place
First Flip Attempt
10 January 2025 | 2 replies
We aren't the traditional flippers who run in, throw up a lick of paint, hide the disastrous side of things and essentially trick people into buying a lemon.
Garrett Brown
What is your biggest struggle in the STR world right now?
13 January 2025 | 40 replies
Quote from @Garrett Brown: Quote from @John Underwood: Nothing that paying for a 3rd party app to automate functions will fix.If I had to pick something it would be getting higher occupancy rates.Overall things are great.I'm definitely not an app developer so no worries about me making one that can help.
James Wise
Failed Leadership is why California is on fire.
14 January 2025 | 78 replies
Essentially the government grabs title and sees you in court to determine just compensation after the fact, for the value of the land at the time of the take.
Darnell Holland
Tear down rebuild numbers
12 January 2025 | 4 replies
Quote from @Darnell Holland: Hello, I am looking to do my first tear-down and rebuild development deal in Nashville.