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Results (10,000+)
Caleb Martin Building STR and recovering cash
24 January 2025 | 4 replies
Quote from @Andrew Steffens: There are probably more experienced people on this type strategy who will hopefully chime in.  I
Nate McCarthy How to approach landlord about buying their rental?
11 February 2025 | 13 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
Eric Martin From Canada to Cleveland
19 February 2025 | 25 replies
Quote from @Matthew Becker: Cleveland is not a great place to invest in.   I
Kevin Cole To sell or not to sell
4 February 2025 | 4 replies
When I look at the equity and the 15% Capital gains tax bracket I would likely be in, I would avoid ~$24,000 in taxes if sold before Aug. 2025.- I am aware of my 1031 options should I want to sell and defer taxes beyond that 3-year date (and would need to continue to do so until death if I wanted to avoid those taxes instead of just defer them). - I believe the current rental situation I have is better than the property warrants.
Jack Pasmore The Importance of Underwriting. Is Automation Effective?
15 February 2025 | 14 replies
You find this out by talking to people, speaking with past residents, people in the industry, or mystery shopping the property.Using technology to pull in data so you don't have to manually type it in, is helpful, but other than that, I would not trust automation. 
Eileen L. Commission Fees for Buyer/Seller Agents
14 February 2025 | 19 replies
Back when I first started in 2018 there would be properties under 50K they’d be interested in. I
Kristin Mathern Asking for advice on tenant locksmith situation
4 February 2025 | 14 replies
In my area a house call for locksmith is going to cost $75-100 just to walk in the door, so $135 all in is not that big a deal.Not a hill I want to die on....... use it as a learning moment for the tenant- ALL repairs need to be approved by you BEFORE they are done.
Cody Caswell Bathroom Design Tips for Your Flips!
22 January 2025 | 0 replies
One of the areas we see investors needing the most design help in is bathrooms.
Chris Hains Need A House Flipping Spreadsheet
28 January 2025 | 12 replies
I think we strayed a bit from the plan and probably put a little too much in. I
Justin Pumpr Experiened, but struggling REI - Advice needed
10 February 2025 | 11 replies
Aim for $500/mo min and even that won't allow you to tap into unless that's after cap ex, management, vacancy is factored in. I