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5 February 2025 | 29 replies
But most investors have no interest in buying a turnkey property either, and we have figured out a way to deliver a helluva product and value to those that do.
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9 January 2025 | 28 replies
Figure out how to fund the purchase.
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11 January 2025 | 4 replies
Carlos, that’s a jaw-dropping figure… $563,313 in interest paid!
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9 January 2025 | 3 replies
I understand the safest option is to have a lawyer review the lease, but I figured I'd try to answer my beginner questions here and not waste the lawyers time (and my money) on the "for dummies" explanation.Thank you!
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8 January 2025 | 7 replies
I feel like I can figure it out on my own.
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13 January 2025 | 15 replies
This doesn't come cheap--these folks were making high six to seven figures depending on volume.We focused on lending to professional real estate investors--so our customers were frequent repeat borrowers.
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9 January 2025 | 2 replies
You don’t have to figure that out on your own.
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7 January 2025 | 8 replies
Then connect with some hard money lenders (you can find some here on BP as well as some who are typing this right now) and connect with them to understand their product type, what they like to lend on and requirements.Hard money broker is all numbers game of making relationships and helping those that are looking for financing, it starts out slow but if you get with a few good borrowers and lenders it can be pretty decent money to be made.As an example we paid six figures last year to HM brokers.
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21 January 2025 | 10 replies
I agree with what everyone else has said, those figures seem extremely high.
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10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?