Janea L.
AI and REI
29 December 2024 | 17 replies
For the last 6 months I've closed 5 deals. and 2 of them are from the leads captured from the software.
Shayan Sameer
New Rental Property Purchase - Out of State
30 January 2025 | 28 replies
Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents).
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
From day one I treated my involvement in real estate as a real business.This means, I had an advertising budget, a lead generating and follow up process, a back end process and money source and above all an experienced mentor.
Aja Sellers
Greetings from Germany!
26 January 2025 | 9 replies
So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.
Tom Dieringer
Giving VRBO a head start on Airbnb
28 January 2025 | 19 replies
Oddly, Vrbo bookings nearly dried up and I get a steady stream of Airbnb leads despite the higher rate I set there.Unfortunately, by giving Vrbo a three-month exclusive head start, I missed revenue that could have been earned by listing on multiple OTAs from the onset.
Michael Almand
Paying a contractor for a scope of work
28 January 2025 | 9 replies
: Hey @Michael AlmandI am analyzing a tool called 'Rehab Estimator' that helps you estimate rehab costs in your area and generate the statement of work (SOW) based on your selections.
Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Being "boy wonder" can lead to ego and pride definitely comes before the fall. 2) Irrelevant.
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
Quote from @Beth Johnson: We pass all loan servicing charges through to the borrower including set-up fee, monthly fees, and any servicing charges such as payoff demand generation, and loan close out fees.
Luisa Morejon
What to do with the proceeds of the sale of my home?
30 January 2025 | 18 replies
If you pay down $100K in loan saving you $1K in monthly costs against rental income, or you invest that $100K in something that generates $1K in net income the result is similar.