
18 December 2021 | 28 replies
Do u intend to use it esp during the peak times?

17 December 2021 | 1 reply
A wise investor will be conservative during the peak of the market cycle when prices are high and margins are thin (now), and become very aggressive during deflationary periods when prices are low and margins are high.Be adaptable, don't box yourself in, the game is long and ever-changing.

27 December 2021 | 3 replies
I think the best thing you can do is help them understand the 'why' behind using this method.As I'm sure you know the BRRRR method is very popular because it helps increase the speed at which you can build your investment portfolio and investment income.If I were explaining this to a family member I would compare the traditional way to invest in real estate vs. the BRRRR method.Traditional- Buy an investment property, let the tenant pay the house principal down.

17 December 2021 | 1 reply
This was the main motivator for him; speed and efficiency was the fuel in the tank for this deal.

20 December 2021 | 11 replies
An article sites that the wind speeds reached 90 MPH during this particular storm.

21 December 2021 | 3 replies
Ideally you can volunteer / partner with someone with experience and greatly speed up your learning process.

21 December 2021 | 13 replies
I would still have them get up to speed with fantastic books, podcasts, YouTube Videos, etc so they know what should be happening with their units regarding cash flow, maintenance, legal, etc.

21 December 2021 | 4 replies
In terms of process, the draw of going with a hard money lender is speed.

23 December 2021 | 13 replies
While many of them underwrite the investment as the first priority, credit still comes into play (which could affect down payment, interest rate, and points).Ya that idea that HML are basically solely collateral based that thought process left the barn in the GFC.. most HML will underwrite as tough as a bank.. what they do though is speed and will do properties that are in need of a lot of repairs or going to be flips.. where banks by and large simply don't do rehab loans at all or if they do only for their very top tier clients as a value add and based on substantial deposit relationships.there has been a race to the bottom though since the banks left the rehab lending market years ago and that led to the rise of what we see now very large well capitalized HML whose rates are just a bit higher than bank rates .. its also regional CA has the lowest rates in the country..

22 December 2021 | 1 reply
We're almost finished now, but I'm sure that knowing people both on the city council and at the county level would have helped speed things up, or just provide us with more information for planning.