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14 January 2025 | 37 replies
What seems to be your case - request a capital call to cover debt service for the next year "hoping" rates go down.
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8 January 2025 | 22 replies
@Guillermo PerezPositives:- Equity Built: You now have $70K in equity, which is a solid result for your first deal.Cash Flow Potential: If the property rents well and covers your debt service while providing some cash flow, that’s a win.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.
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6 January 2025 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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5 January 2025 | 5 replies
@Charles Kao I believe he means attorney & Title Services that are familiar with non traditional or creative Transfers or Sales of property that don't include Banks.
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2 January 2025 | 13 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!
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7 January 2025 | 0 replies
If you’re placing a new property into service, you can discuss cost segregation studies.
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3 January 2025 | 3 replies
Thank You for your service.
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13 January 2025 | 31 replies
My 2 cents: You're young, you could get a real estate or real estate adjacent 9-5 so you can get paid to to learn more about real estate while learning and building the side hustle outside of business hours.Seems like you live in a major US market so that's a plus, you could get a tenant services coordinator job in commercial real estate making $40-60k (not sure if that's more or less than what you are making now) It's an Entry level role, anyone with a degree and a polished resume and a passion for real estate should have a decent shot at landing a job like this.
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4 January 2025 | 20 replies
I hired Jenny Yi to design our latest STR in person, she demanded that I pay the full amount of her services upfront, $7,500, which I thought was strange as we are used to paying half upfront and half once it's completed, but proceeded anyway because a couple of people recommended her.
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3 January 2025 | 3 replies
At about half of my properties I provide quarterly exterior pest control services.