Roger Mace
How to Know if You Have a Good Private Money Broker
30 November 2024 | 0 replies
By gaining insight into the investor’s goals—whether it’s flipping properties, acquiring rental units, or developing new constructions—the broker can tailor their approach and identify the most suitable lending options.Once the broker comprehends the investor's needs, they leverage their extensive network of private lenders.
Stephen Dispensa
Investing Throughout Tampa Bay post Hurricane Helene and Milton Info
2 December 2024 | 1 reply
Pretty straightforward, but I have seen houses where the renovation work approached those limits and building departments asked for more information from contractors regarding costs.
Ximei Yue
Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
With your goals in mind, here are some thoughts on each approach to help you decide what might work best for your situation:BRRRR Strategy: The BRRR (Buy, Rehab, Rent, Refinance, Repeat) method can accelerate portfolio growth, but it does require strong contractor connections and careful planning.
Paul Kang
Pace Morby Subto and Gator Review
2 December 2024 | 8 replies
I am currently doing three approaches and hopefully one of them pans out:1) Networking with others.2) Continuing setting up my Gator transactional lending business. 3) Going through the content.
Bracken Bjorn
First-time investor: Out of state or local?
25 November 2024 | 14 replies
The big boys play this as a team sport, so think about what you need to know, who you can get it from and then go find that person.
Gavin Wynn
Utilities billing for duplex
30 November 2024 | 4 replies
I average these two numbers and use that as a baseline, adding a reasonable buffer to set the threshold.This approach helps ensure that tenants don’t feel micromanaged but also protects you from excessive utility usage.
Bruce Lynn
Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
What happened to the good old shoulder barge or accidental door kick hahaI don't ever remember buying a house without getting some eyes on it.I've always found some a back door or window "open" heheIf a neighbor approaches me, "No habla ingles" 😁
Tanya Maslach
Creating an LLC: state where properties are located
29 November 2024 | 12 replies
If you live in California, the FTB still wants its $800 per LLC, no matter where your properties are.Question B:When it comes to setting up an LLC, here are three common approaches:1.DIY Approach:In most states, you can set up an LLC yourself for less than $100 in filing fees, depending on the state.
Sean MacDonald
Post Election Market Predictions?
30 November 2024 | 6 replies
I'm sure there are agents and investors with deeper insights, but for most of us, a consistent, long-term approach—similar to dollar-cost averaging when investing in index funds—seems like the most practical strategy.That being said, I am also interested to hear what others have to say though, so thank you for the post!
Nathan Gesner
Real Estate Syndications: Who's Taken the Leap and How Did It Pay Off?
17 December 2024 | 36 replies
In my limited experience with this small number of syndications, they were very desperate to buy basically anything in order to have "deal flow" (these properties were not for sale, they approached me off market and made me ridiculous offers which I couldn't refuse despite not planning to sell these properties for another 10 years or so).