Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Chris first I am NOT calling you foolish..
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.
Sonja Revells
Can I get my EMD Back??
1 January 2025 | 12 replies
Quote from @Chris Seveney: @Sonja RevellsI guess the question is how do you know there was not marketable title?
Carlyn Chism
Hard Money Lenders - Low Credit Score Refi options
14 January 2025 | 4 replies
Quote from @Carlyn Chism:I agree with Chris on a lender that might be a scam or make you may so much money interest because of the low credit score that you make $1.00 on the flip or no money.
Tom Server
I need some assistance , Not sure what to do, need money from my equity
28 January 2025 | 5 replies
Quote from @Chris Seveney: Quote from @Tom Server: I’m looking for advice on the best way to access about $100k to pay off my 401k loan, credit card debt, and cover some rehab costs.Here the information- I purchased 2 properties last year, 1 is a rental property that i had for about 8 months, the balance of the mortage is 170k, worth around 300k .
Kenneth T.
Had anyone heard of Cogo Capital?
27 January 2025 | 29 replies
Quote from @Jay Hinrichs: Quote from @Nate Marshall: Quote from @Jay Hinrichs: Quote from @Chris Seveney: @Ellen DimkeCurious - what is a certified private lender?
Jacky Johnson
Request to share cost in replacing part of adjoining fences
28 January 2025 | 16 replies
Quote from @Russell Brazil: If I were the neighbor, it sounds like I'd be the only one bringing money to the table so you could get something you want.