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Results (10,000+)
Jerry Velez Wholesaling a Family Member’s Home
6 February 2025 | 18 replies
Based on the continuing research, wholesaling property wouldn't be the right strategy
Christopher Heidrich Stuck in analysis paralysis and in the Military
27 January 2025 | 3 replies
We've utilized the VA loan for our current home, and this strategy has worked well so far.
Chris Magistrado Are these numbers in The House Flipping Framework book correct?
12 February 2025 | 3 replies
Here is the statement expanded to include formulas for doing one flip per year, two flips per year, five flips per year, and ten flips per year: One flip per year: If you start with $50,000 and do one flip per year, aiming for a 35 percent return, your progress would be: Year 1: $50,000 + (35% × $50,000) = $67,500 Year 2: $67,500 + (35% × $67,500) = $91,125 Year 3: $91,125 + (35% × $91,125) = $123,019Two flips per year: If you start with $50,000 and do two flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (0.7 × $50,000) = $85,000 Year 2: $85,000 + (0.7 × $85,000) = $144,500 Year 3: $144,500 + (0.7 × $144,500) = $245,650Five flips per year: If you start with $50,000 and do five flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (1.75 × $50,000) = $137,500 Year 2: $137,500 + (1.75 × $137,500) = $378,125 Year 3: $378,125 + (1.75 × $378,125) = $1,039,844Ten flips per year: If you start with $50,000 and do ten flips per year, aiming for a 35% return on each, your progress would be: Year 1: $50,000 + (3.5 × $50,000) = $225,000 Year 2: $225,000 + (3.5 × $225,000) = $787,500 Year 3: $787,500 + (3.5 × $787,500) = $2,756,250The key points remain the same, which is to aim for a high return through flipping, reinvest the profits to compound the gains, and be disciplined in order to build significant wealth over just a few years of this real estate investing strategy.
Ben Syzek New Investor Interested in Colorado Springs and Salt Lake City
6 February 2025 | 18 replies
I'm going to have to learn some more about how to better identify the markets that are appropriate for my investment strategy
Damon Diddit Inheriting a problem tenant after closing
31 January 2025 | 8 replies
Does anyone have any suggestions, advice or a strategy to share with me?
Jonathan Blanco Is it worth seeking lenders with $0 lender fees?
25 January 2025 | 12 replies
@Jonathan Blanco, I'm and investor and a licensed mortgage broker so I've been on both sides of this conversation.I would look for a lender that (1) listens to you and understands your strategy and needs (hint: it's not always money), (2) has experience working with clients executing your strategy and brings more to the table than just cash - be it advice, relationships, deal-team partners, etc., (3) gives you viable options and explains the pros and cons of each option and (4) you enjoy interacting with - this should be a relationship, not a transaction.Once you find a few lenders like this (and you should have relationships with more than one), then you can start comparing rates and fees.
Jerryian Francois CA N I US E A 203 K To Fund A Rehab In
30 January 2025 | 8 replies
Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.
Jemini Leckie Out of State Cash Flow
29 January 2025 | 11 replies
The strategy may change, but every market can work.
Cory St. Esprit Would you renew?
30 January 2025 | 21 replies
I think that strategy works best in higher areas or mid term rentals near major employers.  
Anthony Klemm New to REI, trying to connect with folks
27 January 2025 | 2 replies
I also think that investing remotely is something I would do after locking down my local strategy.