Darrcelle McGinnis
Sell it or rent it?
9 April 2024 | 5 replies
Since you're new, going to guess you haven't been watching your rehab project closely - out of sight, out of mind!
Ashish D.
Why are Tax Liens and Tax Deeds documented evil on this website
10 April 2024 | 37 replies
The people I’ve encountered in my 40 + years as a real estate investor and private lender who are successful have the following in commonThey are educated as to principles of real estate; real estate law; and real estate financeThey LEARN something new about real estate investing almost every day, and are open to realigning their strategy, tactics, and portfolio to encompass new information and knowledgeThey SPECIALIZE either in a strategy, property type or geographical area, and become EXPERT in that areaThey have survived real estate “depressions” where property prices have dropped 20% - 50%They understand the difference between real estate investing, operating a real estate BUSINESS, and having a real estate job.They network, for knowledge, capital and most importantly DEAL FLOWThe key thing to consider when you watch a YouTube video, take an “introductory” seminar, or read a guru’s website, is what is the subject persons BIAS?
Douglas Middleton
HELOC 1st Lien Position
8 April 2024 | 39 replies
I am also looking at the HELOC as a 1st and use the principles proclaimed in the Replace Your Mortgage pitch which I understand to be, Use it as a checking account and putting all your income into the HELOC and then pay bills from that account thereby using all income to more quickly reduce the interest.
Erik R Aho
Looking to get into REI, starting with $140,000.
9 April 2024 | 67 replies
Do not over-extend yourself and risk taking a large principle loss.With all of that said, a househack gives you more control than most other options.
Chet Hingle
Return on Investment - What's a minimum?
10 April 2024 | 70 replies
Am I going to have a first position lien on the property and you'll pay me essentially a mortgage payment at 10% interest so each month I get principle plus interest?
Selina Giarla
Dipping toes into commercial multi-family - how does lending work?
8 April 2024 | 12 replies
When you price out the Principle interest taxes insurance and any HOA the rents in most states won't cover the payment unless you have BIG down payment or equity.
Amy Wei Ru Chang
600k cash...how to allocate in sky high market for investment properties in LA area
7 April 2024 | 33 replies
I didn't like the idea at first but after the tiring search with no good targets at sight, I am beginning to toy with that idea.
Itsik Morin
How do you find online pictures of sight unseen properties?
3 April 2024 | 4 replies
Good afternoon, I hope that you are all well.I was wondering if anyone knew how to find online pictures of properties you wish to buy sight unseen?
Issac Harris
Best locations for STR/vacation rental
6 April 2024 | 46 replies
I love the Gatlinburg area and have my sights set on that area to invest in a property.
Benjamin Lenz
Why you shouldn't build a Jr. ADU in California
10 April 2024 | 59 replies
It can’t be a second residence because ether the JADU or primary residence must be the owner occupied bona fide principle residence.