James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
Myself I am not sure that those buyers would go for tight living conditions that are condos and for sure are not going to be renters..
Kolby Knickerbocker
Rookie Investor; Happy to be Here
9 January 2025 | 16 replies
Still tight but possible to find some good cashflow.
Robert Adams
My Thoughts: Las Vegas Market Trends & What to Expect This Spring – February 2025
2 February 2025 | 2 replies
Now that we are entering February, we will soon have the new data showing how we finished in January.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
My question is...what happens in a downturn like 2007-2008 when banks get tight and shut off the line after you've paid it down.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
Getting a DSCR of 1 in some of the higher tax counties of Georgia is tight, but we've been able to get through them.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
We also disallow Level 1 sex offenders to the extent we are legally allowed to.
Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
2 February 2025 | 178 replies
I was just trying to hang tight until I saw all these comments.
Cody Coll
Construction management - Software/organization
4 February 2025 | 1 reply
Hey All - As my fix & flip company has grown in the last two years, we are beginning to bring our own construction in house.
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.
Alejandro Martinez
Canadians investing in US - Toronto
4 February 2025 | 31 replies
We are open to meeting over a coffee, DMs, etc.Have a great day!