Jeremy Porter
Mastering Real Estate Investing: A Comprehensive Guide to the BRRRR Strategy
22 February 2024 | 1 reply
A thorough screening process can include background and credit checks, employment and income verification, and rental history review, ensuring that you select tenants who are financially stable, trustworthy, and likely to uphold their lease agreements.
Ilyas Karzai
First time - out of state investor - looking for multi family
21 February 2024 | 14 replies
As for financials, if you invest out of state, I would suggest you factor in at least an annual trip, if not two, to the market simply to check in. Â
Justin Goodin
đź‘‹ NOI / Cap Rate is Pointless
21 February 2024 | 1 reply
It's pointless→ I want to evaluate how the property is performing NOW→ Where it COULD BE performing→ And WHAT it will take to get there.This involves (at a minimum) checking comps, creating a 5 year proforma, verifying taxes & insurance, and making assumptions about the business plan.You can't determine if a deal is a pass/go simply from NOI / Cap Rate.The art of underwriting involves finding value where others miss.If you're passing on deals just from dividing the in-place NOI by a cap rate, send those over here!
Cameron Woodward
My dream and introduction
21 February 2024 | 8 replies
Attendees often find these events valuable for networking and learning from experienced investors.Local Real Estate Groups: Check for local real estate investor groups or meetups in your area.
Tom Wallace
Foundation issues found one year after purchase.
22 February 2024 | 12 replies
Check their reviews and interview them prior to handing over a dime.
Elan Adler
Can someone walk me through the escrow process with wholesaling
21 February 2024 | 4 replies
Do I just show up at the title company and they hand me a check?
Christopher Lombardi
Property Insurance - self insurance
21 February 2024 | 14 replies
I told him I'll pay him a few dollars to have it checked out.
Mohamed Elkashlan
Real Estate / Business Attorney
21 February 2024 | 3 replies
Checked previous forums and contacted those already with no avail
Quincy Mingo
Purchase 3-unit from Business Partner (Buyout and Capital Gains Tax Liability)
22 February 2024 | 24 replies
You will need a new loan for at least $460k (to pay off old mortgage plus $53k check for partner’s profit, you take no cash out but save closing costs, holding costs and interest).
Ryan Nichols
Real Estate Funds or Syndications
21 February 2024 | 4 replies
I would check out left field investors.Â