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25 January 2025 | 26 replies
You hope that when they reach a point that they need what you offer, that you are the ONE that they think of and reach out.
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11 February 2025 | 1681 replies
I'd offer to treat, but then we have to go to Chipotle - lol.
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7 February 2025 | 9 replies
That being said, liability is often the biggest concern with short-term rentals, and the underwriters have agreed to offer a general liability only policy." maybe dodged a bullet.
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11 February 2025 | 5 replies
Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont?
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7 February 2025 | 5 replies
I agree that the market is very competitive in California - especially if you are searching via the MLS or making offers to distressed or vacant property homeowners.
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26 January 2025 | 28 replies
We also do zoom calls and workshops 4-5 times a month, and offer different programs for both beginner and experienced investors.
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17 January 2025 | 3 replies
Over the years, I’ve learned that offering tiered returns can be a win-win strategy—it rewards investors for their level of commitment while helping us maintain flexibility in our business.
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29 January 2025 | 27 replies
Could you please recommend any local real estate agents?
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5 February 2025 | 9 replies
@Shannon Strickland offered some great advice.
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2 February 2025 | 4 replies
Quote from @Benjamin Sanders: Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain.