
5 August 2024 | 0 replies
- Which features or tools would make your day-to-day tasks more manageable and efficient or save (or make) you more money in the long run?

6 August 2024 | 38 replies
Adopt a long-term mindset from the start: will you be happy in 10 years from now that you bought this property?

5 August 2024 | 3 replies
Is it legal for me to show the property to the prospective tenants as long as I don't collect commission or sign any paperwork.

9 August 2024 | 47 replies
Often times the individual has long since recovered from what caused the derogatory in the first place--i.e. job loss, divorce etc.
5 August 2024 | 5 replies
Why do you think purchase contracts are so long and have such small print?

5 August 2024 | 21 replies
Hi Kevin,I'm a big fan of buying with cash and my thought process is quite contrary to everyone else's.Cash is KingCashflow is QueenLeverage can be a peasant lolOne can retire investing in Toledo with $1m in cash.Off-course, this all depends on how many villages you need to feed 🤓I have too many "villagers" on my back so it's a bit of a different story for me.Sub $100,000 markets like Toledo require volume to work and to be worth the risk if you are looking to buy and hold.Not much growth potential long term so I would consider it a strict cashflow play.Start slow and small and you can always scale up once you learn the market.Or call it quits and exit if you decide it's not for you.IMO, leverage should only be used to scale a portfolio and only after you have immersed yourself enough in a specific market.And only once you have decided that you want to stick around in that specific market and invest in it long term.Over the years, I've witnessed many folks use leverage and attempt BRRRR out of state only to fall short and say "the market sucks and it doesn't work".Nothing works unless you make it work and a market like Toledo can work better than any other market I know from a cashflow perspective.I've been investing since 2014 and flipped hundreds along with currently managing 400 SFH.Only this year have I started buying small multifamily properties.It's an adjustment and a different animal but let's just say it's in the same breed of animal lolImmerse yourself in a specific market and become an "expert" on the numbers in that market.Find off market deals, negotiate hard, buy with cash and buy quickly.You make money when you buy and not when you sell so you must buy cheap.There are many ways to skin a cat mate and this is how I get my fur lolWishing you much success

4 August 2024 | 4 replies
Yes, you should be able to do this, so long as the DTI for the Conventional loan works once the new minimum pmt on the Heloc is factored into your debts.

5 August 2024 | 15 replies
It's a long shot, but worth asking.

5 August 2024 | 9 replies
A couple of Cuban cigars over a scotch can go a long way.

6 August 2024 | 15 replies
Traditionally, DSCR loans that allowed STR have always wanted DSCR to be calculated on long term rental rates OR 12 months of actual performance or some heavily hair cutted version of Air DNA and all of these products would price gauge on rate.