Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
The other California investors with more moderate incomes bought years ago and have built wealth from 30+ years of appreciation and small mortgages and their rental income supplements their pension or Social Security and retirement accounts.
Shawn Smith
I’m an investor from Toronto currently looking to invest out of state
17 December 2024 | 4 replies
Hi @Shawn SmithI am a US loan officer in Toronto, assisting Canadians to secure financing in the US.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
For added security, consider umbrella insurance alongside the LLC.
Jeff Shaver
Need Advice on how to best use my equity.
23 December 2024 | 15 replies
But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
In our experience/opinion (factoring in security deposit to defer some of the losses):Class A - 0%Class B - 5%Class C - 10%Class D - good luckHope this all helps!
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
I'm a very analytical person who won't start a new venture without first gaining a solid understanding, establishing the right framework and connections, and ensuring that I'm securing a great deal.
William A Colas
Experienced investors looking to scale
18 December 2024 | 17 replies
We started looking at coaching programs and some of these things just seem ridiculous at 20-40 grand, and some seem more like life coaching programs as opposed to real estate programs. we don't want to syndicate we really would just like to find someone that we can bounce deals / ideas off of and have them assist in underwriting and giving us a better sense of security that we are doing the right thing.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
As Sean Wagner mentioned, the city of Chicago has adopted their own regulations on charging what's commonly referred to as a "security deposit" you need to do it another way.
Spencer Dixon
Property manager recommendation
20 December 2024 | 4 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
It's not like we're bundling sub2 deals into tranches and selling them as mortgage-backed securities like they were with subprime mortgages, yet.