Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
This is actually one of the main reasons many agents and investors may not like them generally speaking (they are often not serious professionals with a proven track record of success, the vast majority are struggling to find their first deal and are time-wasters to interact with).
Sharon McCants
Should I sell cash flowing property to buy 2 more with the cash?
19 November 2024 | 28 replies
Quote from @Tim Casey: Hi there...you're definitely on the right track with your investment strategy.Selling your Atlanta property might be a smart move, especially considering your ARM and the potential for rising interest rates.
Joel Fischer
Padsplit hosting experience
13 November 2024 | 9 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
Ian Miller
Finding Limited Partners
15 November 2024 | 6 replies
The experience goes with track record - do they have a history of doing this and being successful as well as having failures.
Rene Hosman
I can easily and consistently track my rental property cash flow each month.
5 November 2024 | 29 replies
You only need a place to track tenant information, payment history, maintenance, etc.
Jessica Heller
All in one loan
15 November 2024 | 6 replies
Some people don't have financial situation, nor have the bookkeeping to track or maintain it.Again, I personally find it very stressful just thinking about living that way for the life of the loan keeping the lowest daily balance possible.
Steven Greenwalt
Gator Lending? Why? 🐊
20 November 2024 | 31 replies
Sometimes you win, sometimes you lose.The guys in the picture above, are two sets of partners discussing how one guy borrowed money from both of them without any of them knowing he was borrowing from multiple people, then he ghosted them all.They comment on how much work it was to track him down and prevent him from closing on a transaction unless they got paid back.
Benjamin Mudd
Hello from Saint Louis, Missouri
13 November 2024 | 4 replies
Welcome to BP, sounds like you have a great track record and future!
Roy Jenkins
Best Loan For New Investor
14 November 2024 | 10 replies
Hey Roy - Typically, previous experience is weighted heavily with hard money lenders, so they might offer better terms to flippers with a track record.
Amanda Skipper
First time out of state investor
23 November 2024 | 38 replies
My suggestion is to look for someone with a strong track record in investment properties, ideally someone who has successful investments themselves.