
17 June 2024 | 8 replies
I took out the LLC and contact info since I didn't ask if I could share it. too small. we stay in the single family, triplex, and then 150+ units and above 10 million in construction values to get to instittuuioal level capital and income. you need to underwrite 3 million dollar checks. he's probably raising from friends and families on his first deal but I wouldn't touch a deal with my own money without non recourse debt or a clear development plan and exit.

17 June 2024 | 0 replies
How did you add value to the deal?

18 June 2024 | 121 replies
I can tell you one thing, THE SITE HAS VALUE AND THE COMPANY HAS GREAT CUSTOMER SUPPORT.

17 June 2024 | 8 replies
. - the seller gets the equity and I'm also paying property tax on a higher assessed value (vs. if I bought a distressed house at a much lower price, that I renovated)I'd be cautious buying old homes (e.g. 100 years old) that have been renovated.

17 June 2024 | 19 replies
After finishing the first episode I jumped on here and decided to find and read your posts.Utah is expensive, I've attended a couple of networking events and attempted to ask questions on Facebook forms, people from a popular group called Renatus continue reaching out to me wanting me to pay for a $27k learning program.I read read Rich Dad Poor Dad and Cashflow Quadrant so far.I am puzzled at how people are finding the deals to begin with and discouraged already that I don't know how to build the skills and where to start to get into this network of investing.Any light that can be shed and tips or guidance would be much appreciated.As a beginner, the only value I would be able to provide to anyone is finding deals, the notice of default list here in my county on a monthly basis is the only thing I've attempted and my yellow letters have never gotten any response.I am willing to help provide value however I can as a beginner.

18 June 2024 | 9 replies
If the property basically breaks even and you can't force improvement in NOI or value, then the bulk of your return will come from market appreciation (and potentially any tax advantages).

17 June 2024 | 2 replies
What value do you provide?

17 June 2024 | 10 replies
I have one property that I bought last year for $475kCurrent value is $520kInterest rate 6.75%loan amount is $352,000 (I put 25% down when I bought it)Monthly P/I escrow is $2680Rents for $2400im debating putting 100k on the loan and recasting it. this will lower the payment roughly $650 a month and will make it cash flow.

17 June 2024 | 8 replies
There are programs available that will allow up to 85% loan to value on an investment purchase.

17 June 2024 | 12 replies
They are saying the property is currently valued at a loss, so we have all lost all our original investment funds.