Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
@Mordechai ChaimovitzGreat points made above along with what @Daniel C. said referencing @Tom Shallcross's post on another thread.The context and variables for each individual investor will vary but many people are comfortable with getting a 2-4 unit that will reduce their out of pocket expense compared to their previous rent with the intent to do rehab and raise rents over time.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
30 January 2025 | 47 replies
The CFPB made it very clear recently that all of the same consumer protections apply to them: CFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to Fail There are very few if any places these days where you're just going to easily toss a borrower out with a land contract.
Matt Powers
Where to start investing in real estate?
15 January 2025 | 33 replies
An argument can be made that you will generate a higher net worth there than say middle of nowhere Alabama.3.
Joshua D.
rei accelerator program
23 January 2025 | 20 replies
Most of the time, people who have never even made an offer end up with 2-3 submitted LOIs in the first 1-2 weeks, and we celebrate small victories like that to build momentum and confidence.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
This made it much easier for them in terms of moving as they didn’t have to be rushed.So I don’t “advertise” any incentives, but I do what I think is reasonable if I think they will be good tenants.
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
Several participants made the point in response that the county for a very long time has stood in the way of affordable housing being constructed, first and foremost by zoning, and that an STR ban isn't going to solve the problem.
Jordan Moorhead
Owensboro, KY Mobile Home Park
1 January 2025 | 2 replies
What made you interested in investing in this type of deal?
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
27 January 2025 | 21 replies
While he’s definitely a self-made guru, he comes across as someone who genuinely wants to do the right thing when you speak with him.I understand many of you have had frustrating experiences and feel let down by the system, and I’m truly sorry to hear that.
Donald DiBuono
Best Mailer Companies
9 January 2025 | 5 replies
I can't remember the cost, not too bad, but no phone callsI sent out 1,000 mailers (letters) I designed in envelopes a week for a couple of years and made a ton of money buying properties using "creative finance" some call subto.
Robert A. Coloma
Anyone dealt with a company LOANGUYS?
20 January 2025 | 62 replies
I also almost got a bridge loan with them because that’s the one that made sense to me.