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11 July 2024 | 15 replies
When I started REI, BP platform has guided me, and three years after, I already have my own RE investments.
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11 July 2024 | 1 reply
I'm currently diving into the world of commercial real estate with a specific focus on RV and boat self-storage investments.As I'm just starting out, I'm here to learn as much as possible and to connect with experienced investors and professionals.
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11 July 2024 | 1 reply
New or experienced agents please share your story or share something that interested you and made you want to start RE investing or being an agent!
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11 July 2024 | 5 replies
@Amy Lin - If it were me I would have an experienced attorney start the eviction process immediately.They are probably going to hang on as long as they can rent free as they have the closing proceeds.They might care about their credit if they do plan on buying another place, so you might have some leverage there.
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12 July 2024 | 48 replies
I can start to see some traction back towards the initial downturn in some areas.
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12 July 2024 | 6 replies
Hi @Richard Pennington this is how I started and I'd be happy to talk you through it!
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11 July 2024 | 12 replies
If the property can be sold with conventional financing I am on the other side of things (and the minority) they seller financing is a bad idea due to the risk and the returns especially when considering tax ramifications The idea behind it would be that I sell using seller financing to continue to cash flow each month at a high effective rate with the amortization schedule and put a balloon after 7 years so that I can collect the full amount once the effective rate in the amortization schedule starts to balance out and not be so lucrative in my favor.I’d love to hear more of your opinion on that idea!
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12 July 2024 | 8 replies
I want to start a business and I want to use that money towards it.
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11 July 2024 | 9 replies
If you do not own a primary I would suggest buying a primary and getting a 2-4 unit to start off with a multi door cash flow.If you buy a primary you do not need a PML you can get 100% financing under a few programs or a DPA.