David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
15 August 2024 | 86 replies
Contributions like this make BP a very useful tool.While I agree with most of what you wrote I see C/D properties expending an average of 40% of rents averaged out at scale.
Dennis O'Loughlin
Best thing to do with money
9 August 2024 | 5 replies
I appreciate you contributing to our thought process.
Layth Batayneh
New Rental Property Investor
9 August 2024 | 6 replies
I'm particularly interested in networking with fellow investors, investor-friendly agents, property managers, and real estate professionals who share a passion for the multifamily sector.I am eager to learn from the wealth of experience in this group and equally eager to contribute my insights and experiences as I navigate this exciting journey.
Jason Ouellette
Looking to start real estate investing
9 August 2024 | 4 replies
If you’re short on down payments, here are a few strategies to consider:Leverage Equity: If you own any properties with equity, consider tapping into that through a cash-out refinance or HELOC to fund your down payments.Seek Joint Ventures: Partner with other investors who can provide the down payment while you manage the property or contribute in other ways.Explore Creative Financing: Look into options like seller financing or lease options, which might require less upfront capital and can be structured to fit your needs.Consider Private/Hard Money Lenders: These lenders can offer flexible terms and quicker approval compared to traditional banks.
Holly Peterson
What Are the Biggest Mistakes You’ve Made in Private Money Lending?
8 August 2024 | 5 replies
Scenario:A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.Mistake:Miscommunication led to issues that could have been addressed early on, contributing to project delays and difficulties in loan repayment.Lesson Learned:Maintain open and regular communication with borrowers.
Stan Minkinow
Looking into developing a "Tiny Home" / RV Park Community
8 August 2024 | 4 replies
Resources like this website and your contributions are incredibly valuable to guys like me!
Daniel M.
Seeking Advice on Using Retirement Funds for Real Estate Investment
7 August 2024 | 32 replies
SDIRA contribution limits are the same as any IRA, $7k or $8k over 50, annually.
Matthew Drouin
Using your self directed IRA to buy real estate is stupid!
9 August 2024 | 39 replies
Typically around this time of year, investors are looking at maximize their retirement account contributions before the April 15th tax filing deadline.Something really stupid I have seen people doing is buying real estate using their Self Directed IRA.
Joel Di Piazza
Just starting out... In Saint Petersburg Florida.
7 August 2024 | 12 replies
As a member of GoBundance we focus on different pillars of life to find balance between age defying health, authentic relationships, horizontal income, extreme accountability, bucket list adventures, and genuine contribution.
Julio Gonzalez
Tips for a Successful Career
6 August 2024 | 0 replies
To do this, you need to take ownership and responsibility for your work, look for ways to add value or contribute beyond your assigned tasks, identify problems and propose solutions.