John ONeill
What Makes a Contractor Truly Great? Let’s Chat!
18 January 2025 | 2 replies
You get what you pay for, and a great contractor makes sure the value matches the price.6.
Kristen Haynes
Charlotte is expected to grow leaps and bounds in the next 25 years
25 January 2025 | 2 replies
“Few regions can match our economy, professional opportunities, affordability, location, and quality of life,” researchers said in a statement.Here are some of the highlights from findings.Growth projections in the Charlotte regionGrowth continues in MecklenburgMecklenburg County is currently home to 1.2 million people.
Benjamin Ying
First time investor needing some confidence!
30 January 2025 | 37 replies
My advice would be to find a great asset and match that with a strategy that is a bit more work to break even or eek out a little cash flow.
Atif Khan
Looking to build some new spec homes
22 January 2025 | 3 replies
basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Richard Bautista
Would like to connect with a team based in Cleveland Ohio
12 January 2025 | 5 replies
Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow. I'm looking to investigate this market a little further and wondering if anyone can help me out. I would lik...
Cody Caswell
2025 Design Trends to Use on Your Flips
22 January 2025 | 2 replies
Giving something fresh to the bathrooms rather than just matching the kitchen cabinets really gives the space a custom feel.2.
Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
A tax attorney would be overkill.If you're interested in talking about how to match with a CPA who specialized in self directed accounts, send me a PM and I'll get you some details.Best of luck!
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
Virtually all agents today list on MLS, do email blasts, list on their own and / or brokers web site and list on commercial web sites (e.g.
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
30 January 2025 | 35 replies
It would likely be comparable to what you pay in the NE.Just google "Lexington County tax estimator" or whatever county you're interested in and you'll usually find a web tool from the County you can use to estimate the tax bill based on the previous year's assessments.There is also a law called the ATI tax exemption that can potentially lower than 6% rate by 25%.