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31 December 2024 | 9 replies
Cashing out $400k and throwing it in an index fund is a viable option as well.
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31 December 2024 | 10 replies
-When a tenant moved out, the management company refunded their security deposit but failed to account for damage, such as holes in walls and outlets ripped off the walls, leaving me with repair bills and also tenants moving in without the repairs being done.Stuff like this that is consistent and when I ask questions they are defensive, when I ask for more quotes for high ticket items they are defensive.
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29 December 2024 | 2 replies
I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.
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1 January 2025 | 8 replies
The agreement is contingent upon the buyer securing financing which I was not able to do and have provided a denial letter.The seller is requesting money for damages because the appraisal came in at the purchase price but needed a heat installed in the kitchen which the seller agreed to install (Not in writing).
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29 December 2024 | 1 reply
When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.
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11 January 2025 | 67 replies
Whether you’re buying or building, focus on doing so below market value to secure immediate equity or strong cash flow potential.It's also important to thoroughly research the local market—pay attention to trends like rent potential, job growth, and population increases.
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30 December 2024 | 6 replies
Im looking to secure financing for my real estate business.
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2 January 2025 | 8 replies
.- Financing: Starting with cash but hoping to secure loans for future investments.
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30 December 2024 | 8 replies
Do you currently have enough funds to pay first month’s rent and a security deposit?
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1 January 2025 | 15 replies
I've wondered that myself and thought: If an investor was looking for birddogs why would the birddog have to pay the investor money before they began securing leads for the investor, that the investor would then in turn give the birddog an investor's cut on the profit end???