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4 June 2024 | 15 replies
I'm wanting to connect with investors in my area to talk real estate, my friends are tired of hearing about it.
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2 June 2024 | 3 replies
Hi guys, I am self employed with no proof of W2s, i make a living buying cars at dealer auctions and leaving them on a local used car lot on consignment, I have $30k liquid and around $90k tied up in my current vehicles, usually my vehicle inventory is sub 11, I want to get into the real estate game but in my situation im guessing its hard to get a good deal in getting a loan, I am single, no debt or responsibilities , ideally i would like to start with a single family home but in the current market so high i would even consider condos/town homes.
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4 June 2024 | 9 replies
I've got some questions.What types of leads are these (preforeclosures, tired landlords, tax delinquencies, etc.)?
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4 June 2024 | 22 replies
For my wife and I, we would continue this process until 20% of the dividends exceeded our desired future living expenses, and donate a vast majority towards worthy causes.Lastly, we would also use a tax levered savings vehicle for the long-term “storage” of our money as well.
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6 June 2024 | 57 replies
Then I ended up writing a book on multifamily investing, and told my wife I was in apartments for life (she was tired of all the restarts over the years!).
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2 June 2024 | 10 replies
I've used propstream and went after "tired landlords" list for rentals and had some luck there.
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3 June 2024 | 19 replies
So it can be a bit tricky to do it this way, but ultimately, requiring that hold deposit will let you eliminate the risk of a tire kicker no showing on you when it comes to pay and you've already told everyone the house is rented.
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2 June 2024 | 26 replies
Make Assumptions: Consider possible reasons like a tired landlord, property in rough condition, or a bad location.Confirm Assumptions: Ask the seller and consult local experts (property managers and real estate agents).Update Assumptions: Incorporate the new information.Adjust Analysis: Integrate the updated information into your analysis.
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4 June 2024 | 221 replies
Leveraging WLI as a place to store excess cash, generating better returns/dividends than a savings account, AND taking a loan out for ANOTHER investment vehicle WHILE retaining your accounts interest/dividends seems like an advantageous setup for someone with the capital and discipline to do so.