Wesley Myers
Offering Netflix (or any others) for free??
21 December 2024 | 12 replies
I use a Netflix and a HULU account specifically for the STRs.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.
Toby Khan
Wichita, KS Investors
9 January 2025 | 107 replies
I'm trying to juggle this and some conference calls. hahahttps://docs.google.com/spread...Also, Account Closed thanks for contributing.
Dan Sundberg
Advice on running numbers in Michigan/Grand Rapids
13 December 2024 | 7 replies
But usually for a tenant occupied it's like $90-120 per monthI've noticed a lot of multi-family buildings are pre-WWII housing inventory - are there restrictions or issues common with that (historic districts, crazy high utility costs, etc)?
Sergey Marshak
Help with Setting Up Google My Business for Out-of-State Investing
24 December 2024 | 2 replies
I’m an out-of-state investor working on building my online presence, and I’m currently running into an issue with setting up my Google My Business (GMB) account.
Bryson Owensby
When to take profits out of Rental?
21 December 2024 | 18 replies
Once that reserve fund is established, move all future cash flow to an investment account.
Kyle Jenson
New Dentist looking to create a retirement plan for myself thru real estate
24 January 2025 | 15 replies
It was mostly due to my day job income and low cost of living over a long period of time; however, real estate accounts for about 50% of our income through a small portfolio of short, mid, and long term rentals.
Dan Grove
Looking for advise on finding private lenders
29 December 2024 | 13 replies
Starting out, I would try to take equity from your primary/another property using a HELOC, borrower against a 401k/retirement account, or partner with someone that has cash.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
If it’s at or near 70% we dig into the full cost model that accounts for financing costs (hard money and GAP), acquisition costs, holding costs and selling costs.
David Denney
Need advice. 3 way LLC / partnership set up
27 December 2024 | 2 replies
Remember, you may be tied up in several houses with little cash, so it is important to think of all possible situations.Who is doing the accounting?