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27 January 2025 | 48 replies
My one suggestion: do not conduct business with anyone (here or anywhere) without having your lawyer and maybe even your CPA reviewing all the paperwork.Also, stay far away from LPs.
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30 January 2025 | 5 replies
At best you’ll be able to buy, through “creative” finance break even cash flow situations, which at best may begin modest positive cash flow in 3 or more years.
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14 January 2025 | 8 replies
This creates a negative initial position.
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14 January 2025 | 3 replies
This is the fork where I'm not sure if I'd be good to get some CRE exp and invest in learning about how to review deals for the next 2-3 years, or focus on generating revenue for investment purposes and watch how things are done as a LP.My personality more aligns with networking, reaching out to people, connecting, navigating difficult situations and finding solutions that work.
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24 January 2025 | 0 replies
The country's continuous population growth, coupled with its high demand for urban housing, positions its real estate market for steady, long-term price increases.Over the past decade, cities like Berlin and Munich have seen remarkable growth in property values, with an increasing number of investors betting on the continued upward trend.
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22 January 2025 | 7 replies
The work around is part of the application process is to tour the property, but still, why put yourself in that position?
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13 January 2025 | 7 replies
Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard?
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21 February 2025 | 28 replies
So you get way better bang for your buck and there is still positive cash flow and deals that hit the 1% rule.
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12 January 2025 | 14 replies
Got a negative review for not having a garage to use in the winter….
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3 February 2025 | 25 replies
If you do have enough other income then you dont even need to lease out this property to start your refinance.However if you dont have enough income to qualify with no rental income offset then yes you will need to obtain your lease(s) and security deposit + 1st months rents deposited before you can utilize 75% of this gross income - your monthly PITIA payment (in terms of qualification on this property refinance.So all in all Id make sure what your current debt to income position is first of all (DTI) and then strategize to see if you even need the leases at all.