Xavier Dortch
Just Getting Started...Open To All Tips
15 January 2025 | 3 replies
I have been educating myself for the last 6 months on Real Estate Investing!
Tricia O'Brien
What Questions to Ask/Things to Look for When Interviewing Property Managers?
20 January 2025 | 2 replies
2) I have on single family home (rents for $2100/month) that needs a PM.
Isaac Terry
Investing Out Of State - Starting
22 January 2025 | 20 replies
If there is a tenant in the property expect that they will likely leave within 6-12 months after you purchase so you can expect to do a rent turn and budget for that.
Ephraim Francis
Rookie house hacker
17 January 2025 | 4 replies
I've been self-employed for only 6 months, and loans are proving difficult to come by despite my great credit (not to brag, I'm moreso frustrated and seeking help).
Patrick G.
Calculation about cash on cash return
9 January 2025 | 5 replies
So can I calculate my cash on cash return like below $40K(appreciation)/($42k(Down payment)+(2.1K(Monthly payment for Mortgage+HOA)*36)) = 40/(42+75.6)= 34% so the annual cash on cash return is about 1.34 to find the cubit root.
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
I was able to rent the property by room and it cash flows about $200/month so far.
Devin James
Unnecessary Limits on Housing Development
4 February 2025 | 10 replies
Quote from @Devin James: In one of our development projects, the City staff asked us to remove 40 units from our concept plan.This wasn’t requested by the City Commission at a formal hearing, it was the opinion of the staff.Our original concept already proposed fewer units than the current zoning would have allowed.Here’s what erasing 40 units means:- 40 fewer homes for buyers- Over $1M in lost profit for our team- Fewer tax dollars and impact fees that could’ve benefited the City’s infrastructure & servicesWe gotta get betterEveryone wants more affordable housing, but not everyone wants to do what it takes to achieve it we never listen to the recommending bodies. we move for city approvals and work closely. the other thing we do is keep going back to the same groups over and over and over and over every month on the same agenda and make very small reductions like 2% or 4% and that reduces and beats them down eventually they accept what you want. it's just before beating a dead horse. we keep tabling until they give us something we all agree on then we go to vote. in our city in columbus we have to get recommendations but that's our strategy. we used to come out as aggressive as possible. we typically study developments in the area and keep it very similar in terms of density. we have a track record of very controversial projects and litigation and not taking no as an answer. after a year of that haha I can tell you it's not worth it. now we are more relationship based and buying the right kinds of plots of land. if the numbers don't work on the front end don't do the development.
Mike Beer
Has anyone tried the RaiseMasters program by Hunter Thompson
14 January 2025 | 39 replies
You can talk to him / his team in the monthly meeting but they're on an agenda so don't expect to much one-on-one type support there.
Matt Agnew
Using funds from an SDIRA for real estate purchases
20 January 2025 | 7 replies
This way you still have 50k in your account and you have $200 coming in every month for 10 years, then 1600/mo for the following 20 years.OR you can lend me the money for 7 to 10 years at 9% and I can do the same as above!!
Gregory Chadwell
Anyone use APPFOLIO?
7 January 2025 | 6 replies
This is our messages to Appfolio for the last two months, they are awful and holding our fund not to disburse, please see below - We have been trying to reach your company by chat, phone number and no luck.