Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
In early 2023, retailer “Tuesday Morning” filed for Chapter 11 bankruptcy ( Link ), which was only months after REV purchased a controlling stake in the company for $35 million.The point of this explanation is the absence of any mention or connection to Marco Santarelli or Norada Capital Management.The entire business model that is said to be a material part of generating the revenue to pay the returns of up to 17% annually appears to be a complete fabrication.
Karina Busch
How to get fixed rate loans on investment properties?!
2 December 2024 | 21 replies
Most will be 30yr fixed, but you're still going to need 20%+ down and will be 1-2% over what you see quoted as "today's 30yr fixed mortgage rate", which is usually the ballpark for someone buying a primary with 20% down and 780 credit.
John Postma
A couple deals under my belt, but at a stand-still and need a coach/advisor.
13 December 2024 | 32 replies
I rented out my first primary residence in Morrison, CO in 2018, and purchased my first true investment property in Highlands Ranch, CO in 2019.
Dorian Gray
Cash out refinance
4 December 2024 | 5 replies
Not sure if these are all investment properties or if you're including a primary or second home, but my suggestion would be a cash out refi of an investment property to pay off your debt, and a line of credit on your primary to have available for reserves if needed.
Shawn Parsh
Social Media Marketing Advice
9 December 2024 | 12 replies
One as our primary and the other as the backup.
Donald Hatter
New Construction Homes Investing
5 December 2024 | 14 replies
Quote from @Donald Hatter: Pros:- Builders have many homes to sell at one time so it is easier to negotiate a better deal than with a home owner in the same neighborhood who is trying to sell their primary residence - Buyers bust out of deals all the time and builders don't like holding completed homes- Lower maintenance which leads to easier property management expenses.
Robert Carmody
Airbnb, VRBO, Booking.com -- Are you using one of them, two or all three?
8 December 2024 | 9 replies
Currently our primary source of bookings is Airbnb, followed by VRBO.
Toby Fellows
Do I have to register with a broker if I want to get my real estate license?
12 December 2024 | 11 replies
Some flat-fee or investor-focused brokerages charge a minimal transaction fee, which can save you money if you're not planning to generate regular commissions.Additional Tips:If your primary goal is access to the MLS and flexibility in viewing properties, evaluate the costs of holding a license (e.g., broker fees, MLS dues, continuing education) versus alternatives like working closely with an investor-friendly agent.Consider whether the time required for licensing, post-licensing education, and maintaining your license is worth it for your investment strategy.If you need help finding an investor-friendly brokerage in Georgia or navigating the process, feel free to reach out!
Sean Relyea
Baselane & ACH Collection Services
3 December 2024 | 26 replies
Thanks for the explanation.