Eric Benz
First Time Investor Under Contract! Rental Property Analysis
19 October 2023 | 7 replies
brags with similar properties:1)you know the area/are local 2) rents seem realistic 3) appreciation more or less follows inflation and if you bought in line with market values and anticipated sale expenses then 4) you are getting a 7.9% return on your paydown--about twice the rate of savings accounts and 5) reserves.Congrats, you have limited down side risks and given yourself a chance to do very well if the neighborhood improves and rents increase.
Engelo Rumora
How much profit should you make on your first flip?
6 April 2017 | 67 replies
No worries mate,By all means.Move to Toledo and do the same thing lolI'm alone here and a feel like a kid in a candy store heheWe do have a decent sized operation now so things are different for us but let's say I wanted to retire tomorrow.I could sit on my A$$ all day, send out the odd yellow letter, make the odd call, buy the odd property and make $30,000 - $50,000 a deal easy.Rinse and repeat 3-4 times a year.Peace of cake.Now, it took me 5+ years of 100+ hr weeks to get that stage.All good things take time.Get your shovel mate and see you soon heheOnly downside is you have to move to Toledo, Ohio.
Wilson Feliciano
Home in Flood Zone
17 October 2023 | 15 replies
The downside, your insurance might be 600 this year and 1200 next year so just make sure you are getting a good house for the money because the costs could go up significantly.
Ryan A.
I want to get in RE but...
13 May 2020 | 72 replies
The downside is that your capital is very illiquid, unlike a REIT, it takes a minimum of 60 days to sell shares and there is a penalty if you sell before 5 years.
Paul DeBoer
Bank Building Deal
4 July 2023 | 4 replies
The downside is the lease is below market rate and the JV would be locked in at $19,500 on a triple net lease until 2030.
James Johnson
Best lenders for a 1st Lien HELOC for a $550k home purchase
6 August 2020 | 40 replies
The one downside in my experience is that money applied is applied to interest first then principle.The one advantage of AIO or all in one loan is that all funds contributed or added to the account is applied to principle first and then interest is charged to or added to the balance on the 21st of the following month.
Isiah Ferguson
The upside of D class neighborhoods ?????
29 March 2017 | 92 replies
Isiah Ferguson there is a lot... and I mean a lot of downside to the war zone.
Alan Firth
$350k/year in passive income- what does your portfolio look like?
23 January 2018 | 29 replies
Downside of commercial properties, and particularly these kind,is these are often kind of personalized buildings.
Jay Hinrichs
Telsa Cybertruck the ultimate for the real estate owner operator
2 December 2021 | 202 replies
It will be 2-3 years before these are ready and there will be other options by thenThat was the only down side I saw..
Zach Denny
Using a remote kids camp for student rentals
14 October 2023 | 1 reply
The downside is that it's about 15 miles from the nearest college and universities.