
24 September 2024 | 14 replies
They still manage to pay rent on time with one exception where we negotiated a late payment.Bottom line is I’m just tired of dealing with them from the problems, erratic behavior, etc.

24 September 2024 | 49 replies
She always pays rent on time, abides by the terms of the rental agreement, and takes good care of her cat.

21 September 2024 | 69 replies
You will not get to the repeat part, because you have to pay and pay well to get highly trained professionals on your side.

20 September 2024 | 7 replies
Because I'm buying at such a good price, the seller will not pay for the roof.

23 September 2024 | 19 replies
These are only given to he ones that pay their rent on time and don't cause me any trouble.

25 September 2024 | 5 replies
You can expect to pay $150 - $300 per square foot, which is what it would cost to build an ordinary home.

25 September 2024 | 0 replies
Market Alignment: Price corrections help align property values with current market conditions, ensuring that buyers are paying fair prices and sellers are receiving offers that reflect the true worth of their properties.2.

24 September 2024 | 0 replies
Example - negotiated purchase of a 5 year balloon note of $280,000 remaining principal paying 11% interest for $250,000.

23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.

24 September 2024 | 4 replies
What would you advise to do to pull some equity to pay for down payment and invest cash into syndication with 17% annual return or just pay cash for down payment.