
20 September 2024 | 9 replies
Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

19 September 2024 | 8 replies
Lastly, I'm never trying to book way in advance (especially during high season), if I am, I am likely priced too low.

20 September 2024 | 7 replies
It doesn't take long to learn how to spot a good deal.6.
20 September 2024 | 7 replies
As long as you own the property there shouldn't be any impact tax-wise.If you need further guidance after reading the post I would recommend doing a short consult with a real estate "savvy" accountant.

18 September 2024 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

20 September 2024 | 19 replies
The journey may have its challenges, but with persistence and a solid strategy, you can achieve your real estate investment goals and create lasting wealth.

19 September 2024 | 3 replies
Debt and Long-Term Strategy: Old House, Nearly Paid Off: By keeping the older property and paying it off within a few years, you could use the increased cash flow to either fund repairs or reinvest in more properties.

18 September 2024 | 6 replies
Hi,We are looking to refinance a small commercial multifamily building we have in Ohio out of a bridge loan that we used to renovate the building over the last couple of years.

20 September 2024 | 2 replies
So, making it clear from the start that you are running a professional rental business goes a long way towards avoiding those who are seeking just the opposite.

17 September 2024 | 10 replies
Hello, I have several long-term rentals that are all currently in my name.