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26 January 2025 | 43 replies
.: What makes the property unique and why can't you find a different property that meets your needs?
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26 January 2025 | 5 replies
We host a free real estate meetup the first saturday of every month if you are interested in coming and meet some awesome real estate investors who are looking to do their first deal to savy seasoned investors.
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6 February 2025 | 18 replies
Also, local meetups are a great way to meet local investors!
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22 January 2025 | 9 replies
Welcome Hunter, this is a good place to meet others with similar goals.Â
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24 January 2025 | 4 replies
Must have tools: you need some type of evaluation metric and/or tool that you are comfortable with and are willing to walk about from a deal if it doesn't meet your requirements.also, a deal is a term for a transaction, not to be confused with a "good deal".
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21 February 2025 | 250 replies
Jane and Jack Doe don’t get to go to these meeting.
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23 January 2025 | 5 replies
@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.
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28 January 2025 | 0 replies
Time ManagementReal estate can consume all your time with endless tasks—client meetings, marketing, and paperwork.
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27 January 2025 | 29 replies
I don't know why these people allow Something Like You on their platform
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.