Tanner Davis
Learning about real estate investing
23 January 2025 | 10 replies
The fix/flip might be a good way to get such a relationship started: usually has lower cash out of pocket requirements and you can sell the property faster to recoup the capital invested, plus any profits.
Sabian Ripplinger
should i use hard money to grow quicker
23 January 2025 | 7 replies
Know that every long term lender will require a survey and if something comes up on it when you are trying to sell or refi, you could get stuck in hard money without an easy or quick way to get out.Is there a pre-payment penalty?
Adam Macias
Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
Jacky Johnson
Request to share cost in replacing part of adjoining fences
28 January 2025 | 16 replies
If you own it 50/50 you still have to 'sell' them on your new fence idea.
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
12 January 2025 | 7 replies
I sell insurance and prepare income tax returns but I am not an attorney and don't play one on television or radio.The Illinois Legislature has a law either pending or just passed that will GUT LLC protection.
Ricardo Lemus
The rent does not cover all
3 February 2025 | 11 replies
Want to keep these forever, sell in few years, buy more?
Sri R.
Multifamily Groundup Construction loan
14 January 2025 | 4 replies
Also make sure to build on a property located in a desirable location with larger pop density and if holding for rentals, charge median rent for that market as lenders want to see a bigger pool of buyers/renters available to occupy/sell.
Matt Huber
AstroBlaster - anybody use this?
20 January 2025 | 15 replies
would you mind sharing or selling me your flow i do have high level allready thx
Ilia Zakharav
Convert 6 unit multifamily into condos and 1031 individual units
6 January 2025 | 1 reply
I bought 6 unit property in Wildwood,NJ,in November 2024, doing rehab now, should be done by May 2025I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts in 1031 that can help me?!
Theodore Sutton
Looking to connect with real estate investors!
11 January 2025 | 6 replies
I work for an investment brokerage that specializes in acquiring and selling great real estate investment opportunities.