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5 November 2024 | 18 replies
I will then keep up the process to pay off a recently acquired duplex with about $72,000 in debt.
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6 November 2024 | 7 replies
Fortunately, they have acquired a house, and now we can rent the first floor at market price.
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7 November 2024 | 18 replies
It’s always important to do thorough research before committing to any program.About Partner DrivenAs one of the owners, I can provide some insight into what we offer at Partner Driven:100% Financing: We cover the costs of acquiring and rehabbing properties, removing significant financial barriers for many investors.Ongoing Coaching: We provide continuous support and mentorship to help you succeed in real estate investing.Profit Sharing: We operate on a 50/50 profit split, ensuring both parties benefit from successful deals.Unique Value: Our program is designed to be hands-on, providing practical experience, full funding, and absorbing the financial risk, which is different from what a book or a typical class might offer.Transparency and SupportWe strive to be transparent and supportive, and I’m genuinely sorry to hear that some people have felt otherwise.
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3 November 2024 | 17 replies
My team hasn't set up any STRs in the Dominican Republic but we had acquired some STRs in Costa Rica which we had thought we're going to turn out well but we had a few issues to note:- Cashflow issues: Since we are basing our reservations on another currency we couldn't charge as much as we were hoping for. - Finding a Good Team: Since there is a language barrier in place it was much harder to communicate with any cleaning companies/property managers we found.
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8 November 2024 | 22 replies
Normally those who invest in these neighborhoods are hyper focused on completing the BRRRR method, cash flow or acquiring as many doors as possible.
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4 November 2024 | 19 replies
When I acquired my own portfolio I did so largely by my own version of BRRR which involved paying cash for a property, fixing it up, renting it out and then a year later getting a Wells Fargo HELOC on them and using that money to buy another house.
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3 November 2024 | 1 reply
Purchase price: $197,000 Sale price: $205,000 Contributors: Peter Vekselman Partner Driven and Rod King acquired this Detroit property on Kipling St for $197,000 and made a swift resale on the same day for $205,000.
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4 November 2024 | 1 reply
For investors, this means the opportunity to acquire properties at lower entry points compared to other major tech hubs like Austin or San Francisco.
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2 November 2024 | 11 replies
I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.
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4 November 2024 | 10 replies
You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.