Federico Lombardo
Super Early Days
2 December 2024 | 8 replies
Where I would ultimately like to end up is with multiple properties that I rent out, even on an international level, as I love to travel.In order to achieve my goal: What strategies could you all recommend?
Steven DeHart
Newbie from Southwest Louisiana
5 December 2024 | 24 replies
Although I am outside of my comfort zone and feel like an absolute tool (I'm lost and that's uncomfortable), my faith, drive, and want to achieve my family and life goals continues to motivate me to get outside of my comfort zone and push for continuous improvement.
Jason Mills
Broker/Agent not passing on rents received
5 December 2024 | 7 replies
He *seems* to be making an effort to square people away and talks all sincere, but everything we've seen to this point I won't trust a word of it until my balance in full is wired into our checking account.
Vhernadette Sasing
Investing strategies to replace $500k+ W2 income
5 December 2024 | 37 replies
The key here is finding the right balance between capital, time commitment, and risk tolerance.
Drew Giltner
Help me analyze this deal
5 December 2024 | 4 replies
To get this amount through a cash-out refinance at 80% LTV, the home value must be at least $453,800 after one year.Based on your report your ARV right after reno is $425,000Add a 8% home appreciation for one year $34,000Estimated Home Value After 1 Year:$459,000Assuming a refinance after 12 months with a property value of $459,000: New Home Value (Post-Appreciation): $459,000 New Mortgage Amount (80% LTV): $367,200 Existing Debt Balance after 12 months: -$360,000 (because you have been paying interest only) Assuming Bank fees on New Mortgage: - $200 Cash Pulled Out: $7,001, allowing you to recover to pay only 7k on your initial investment of $29,790, leaving $ $22,789 in the deal.Many new investors mistakenly believe the BRRRR strategy ends after the cash-out.
Lorraine Hadden
Do You Self-Represent in Real Estate Transactions?
4 December 2024 | 6 replies
It's not my area of expertise and believe those who focus on this line of work on a day to day basis will attract buyers and achieve a 2.5-3% better result than if I were to do this on my own.
Molly Hane
Looking for your advice on this deal (my first property)
3 December 2024 | 8 replies
The definition of a good deal is essentially buying right for what you're trying to achieve.
Paul Stewart
Monday Mindset...What is your goal?
2 December 2024 | 0 replies
On top of that, our STR management company now oversees more than 90 listings under the Cozy Co-Host banner.My wife and I have transitioned from the typical 9-to-5 grind to achieving financial freedom as business owners and real estate investors.
Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
While the 1% rule might be difficult to achieve, appreciation and a livable flip might make sense for your goals.Greenville SC: This market has seen significant appreciation and demand over the last few years.
Paul Stewart
Monday Mindset...What is your goal?
2 December 2024 | 0 replies
On top of that, our STR management company now oversees more than 90 listings under the Cozy Co-Host banner.My wife and I have transitioned from the typical 9-to-5 grind to achieving financial freedom as business owners and real estate investors.