Chander Sri
Big setback on first purchase. Seeking ideas to get back up and continue investing
30 October 2024 | 15 replies
This route can help generate more cash flow than a traditional rental and offset holding costs, even if occupancy rates fluctuate.Rehab: Use part of your bonus to address those problem areas for a BRRR approach.
Bryan Schwartz
Trusted vendor lists are gold as a RE investor...curious how people built theirs?
23 October 2024 | 13 replies
Did you use traditional marketplaces like yelp, thumbtack, angi?
Michael David
Need a Real Estate Lender?
24 October 2024 | 5 replies
Are you only doing private money are you doing asset based/traditional as well?
Mariangela Ciciarelli
Str - vacation home in Orlando
23 October 2024 | 16 replies
I own a property in the Disney market and co-host/manage another 25 in the area.Disney I think is a good market if your goals are more aligned with traditional long term real estate goals, and a bad market if your goals are more immediate gratification and short term cash flow.The major benefit of the Disney market is that it's about the safest market you can find from a long-term perspective.
Cory Iannacone
BRR"R"RR Method 2.0: Modifying the BRRRR Strategy for Today's Market
25 October 2024 | 2 replies
Waiting 2-3 years for a rate drop ensures that when you do refinance, it doesn’t cripple your cash flow, and you can cash out without significant risk.Why BRR"R"RR Works in 2024 and BeyondThe Interest Rate Environment: The higher rates we’ve been experiencing since 2022 make traditional BRRRR deals difficult.
Tasha Smith
Private Money lender - potential costs/fees?
24 October 2024 | 5 replies
Private money lending often comes with fewer restrictions compared to traditional lending, but there are still a few costs you might incur throughout the process.Private lenders often charge points (1-3% of the loan amount) as an upfront fee.
Hemant Karira
Non-traditional ADU financing options?
16 October 2024 | 7 replies
Team - We plan to 'BUILD' an ADU in our backyard needed to know if there are any "Non-Traditional ADU financing options" out there?
James McGovern
Are Flippers Still Willing to Pay Buyers Agents Directly?
24 October 2024 | 2 replies
Since buyers traditionally almost never had to pay commission to their buyer agent, the conversation is much easier and familiar for clients to understand when you say "you have to bid more than 5 other people to get this deal if you really want it".
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
More traditional, suburban "Class B" middle class type places.
Daniel Llauger
Sell property owner to owner (owner finance)
23 October 2024 | 2 replies
Just be aware that this adds another layer of complexity, and you’ll want to check with both your lender and a real estate attorney to make sure everything is set up correctly.When it comes to terms, owner financing gives you a lot of flexibility:Interest rate: You want something attractive to the buyer but that compensates you for the risk of holding that second lien.Repayment schedule: You can choose a traditional 15- or 30-year schedule, or go with something shorter if you want to be paid off sooner.Balloon payment: Many owner-financed deals include a balloon payment, meaning the buyer pays off the remaining balance after a set period (usually 5-10 years).