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29 October 2024 | 33 replies
Re-invest with more of a reserve in a better market, and understand you may not have the quantity or "doors" you are dreaming on your vision board.
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28 October 2024 | 5 replies
The last house I bought, was brought to me off-market by my agent, and it's seeming that off-market is the only way to get good properties without the MLS prices.I've recently got a nice business card printed up, and would like to start a direct mailer campaign, using BatchLeads to find multifamily properties in the local towns that I wish to invest in.I have a pretty strict criteria about what I'm looking to purchase at this time:-Legal 2-or-more unit large Multifamily (not required to be owner occupied)-Each unit should be at least 3 bedrooms (so if it's a duplex, it needs to be 6+ bedrooms)-Sewer (not septic)-Gas (not oil)A lot of this information is not readily available online, so once I start my mailers, I'm sure I'm going to find people who eventually respond, but that don't have criteria which match what I'm looking for.I feel like it would be a waste if I paid a bunch of money for direct mailers, and then someone reaches out to me to sell, but their house doesn't match the criteria of what I'm looking for -- I don't know anything about wholesaling.What can I do to monetize these leads, or is the answer is that I need to learn So we believe no lead is a bad lead.
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27 October 2024 | 5 replies
If you find out what their dreams are, perhaps refinancing can align with those dreams if you position it the right way?
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1 November 2024 | 30 replies
For the out of state people who think they can do those numbers now, you're dreaming.
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28 October 2024 | 1 reply
Do you have credit cards with places like Lowes and Home Depot that you can use to buy materials now and not need to pay off for maybe 90 days?
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27 October 2024 | 1 reply
Maintenance, the life cycle of commercial W/D, and the cost of converting from coin-op to debit card operated?
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27 October 2024 | 8 replies
So I am familiar with soflo.One strategy I am trying to implement is The 4-3-2-1 Strategy:Start with a 4-unit property: Live in one unit, rent out the others to cover your mortgage and expenses.Repeat with 3-unit, 2-unit, and attain your dream home last (1 unit property)After 12 months of living in each property, consider a cash out refinance to use equity for improvements or further investments, if beneficial for you.Build a real estate portfolio of 10 rental units in a 3 year span while generating rental income.
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27 October 2024 | 3 replies
If you are an "authorized user" on your husband's credit card(s) you can benefit from his credit and start increasing your score.
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28 October 2024 | 8 replies
I've seen investors use credit cards with a 0% APR promotion, business loans, but most times they have someone in their network privately lending them those funds.
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21 October 2024 | 3 replies
We're going to furnish the property and I was wondering if anyone has done this, and if so what credit card do you recommend?