
17 June 2021 | 19 replies
@Joshua Steven Ferrell I’d say long term holding fits best with my financial freedom through accumulating cash flowing assets.

7 March 2015 | 1 reply
If you are considering your RE endeavors to be a business you will most likely need to borrow money to reach any size (scale).If OTOH you just want to have a small personal portfolio, say for retirement, then you might be more comfortable growing as your equity grows and you accumulate cash to invest.Have heard it suggested that if it keeps you awake at night it is too much leverage.

5 April 2016 | 17 replies
Next, if you have an LLC managing trust property, check your real estate license laws as the property is not owned by the LLC, it's managing property "for others".Same with legal proceedings, you can't represent your trust or in many areas your LLC as they are separate entities.Trust accounting is more expensive than general accounting, the responsibilities are greater as to compliance and therefore it will generally cost more.A much better method to protect your assets, once accumulated or even while you're trying to accumulate your riches, is a good insurance policy and great management.

23 September 2021 | 13 replies
I always recommend talking to tenants when able...verbal or written notification and the accumulation of lease violations is the best approach...if the violations rise to a breach of the agreement, eviction goes a lot smoother.Best of luck

5 September 2022 | 20 replies
I don't buy even if the numbers can show a true 10 cap because if anything happens to the property now my returns are at an 8 CAP.If I buy at a 12 and it goes down some I still am at my goal of a 10 percent return.Of course the CAP never takes into effect your debt service because everybody's is different.The beauty of the commercial sector as there are many finance models and deal structures without the regulation BS on the residential side.Class A property is mainly for institutional investors.They are dealing with retirement accounts of differing sectors etc. and are looking for SAFE returns that keep up with inflation and grow a little.A regular investor trying to do WEALTH ACCUMULATION instead of WEALTH PRESERVATION can't grow enough on marginal returns.This is why most investors focus on B,C,D property.You have the quality of the building A,B,C,D and the quality of the location A,B,C,D.Most of the investors like the value add deals where they can create huge returns once stabilized.Typically in this scenario you will get a group of small investors with 75k such as yourself and pool funds together to buy for cash and rehab.

11 April 2017 | 2 replies
House hacking as a first step is a fantastic idea, as you will not only accumulate equity but also save and target your next property.
2 June 2017 | 15 replies
Maybe you need money for a child's college or wedding, divorce, good business deal that needs cash now.Tons of benefits with seller carry back notes that are not available with traditional institutional loans.Using these techniques will speed up your profit accumulation far more than buying one single family home at a time.Let me know if I can help you.Best.Fixer Jay DeCima

4 December 2016 | 65 replies
While I love the area, it made me sick throwing this cash out the window every month so I thought about saving money to invest in a house so I'd at least start accumulating some equity.

28 November 2017 | 3 replies
If you want to accumulate a large portfolio of income properties, do you want to buy short term vacation rentals, do you want to flip, house hack, a combination of them all?

18 April 2016 | 10 replies
Over the years, I've accumulated a few condos / multi as long-term holds.