Juan Chang
Help finding a lender for out-of-state investment
11 May 2020 | 4 replies
Are there any differences in choosing a lender in my local state or in the state I am looking to invest in?
Alex Mina
Recommendations for BRRRR, Long Distance Real Estate Investing
11 May 2020 | 28 replies
Typically, somewhere prior to year 10, the total accumulated cash flow as a function of the purchase price has surpassed most of the higher initial cash flow areas.In addition, the property value appreciates (because over the long term San Diego always has but mostly because every metric shows that it should).If you desire you could choose to do it again (the final R).I am definitely not indicating that BRRRR is easy or requires no effort (it is not real easy and it requires a fair amount of effort).
Jennifer Huynh
New to Providence, RI
8 May 2020 | 6 replies
If he does (or will) have a car, you can look a bit further out than the East Side but you do want to be a bit careful as many apartments say they are "East Side" or "close to Brown/RISD" but that can be stretching the truth sometimes.If you need to choose an apartment before you even get into the area to look at places, you may want to go through a rental agent.
Mike Stefanelli
1st time buyer needs exterior work advice.
8 May 2020 | 2 replies
I’m just wondering if anyone has any tips on the most cost effective way for choosing shingles/roofers and someone to assess the carport.
Mike Stefanelli
1st time buyer - Exterior work advice.
8 May 2020 | 1 reply
I’m just wondering if anyone has any tips on the most cost effective way for choosing shingles/roofers and someone to assess the carport.
Johnny Sung
1st time landlord: Thoughts on applicant
9 May 2020 | 7 replies
She still pays me her part of the rent though she’s moved out and her ex boyfriend knows if she chooses not to pay me he owes me the rent in full.
Cheryl Jones
Negotiation of 2nd Trust Deed
8 May 2020 | 0 replies
I have an arsenol of private, commercial and institutional lenders of which to choose from that allows me to pick and choose which fit each client's needs and abilities to meet the debt requirement.
Tiffany Hayes
What Would You Do If . . .?
9 May 2020 | 8 replies
But it all depends on the deal, how fast you can finish renovations, find a buyer, & close.If you’re just looking for long term wealth, then you could do a BRRRR, buy another property and continue on that path.With $40K you could even invest passively in multifamily syndications, and over a 3-5 year period get over 100% of your money back on average.Now every deal is very specific to market conditions & the operator of the deal, but nonetheless, syndication is an easy way to build wealth.With everything going on right now in the economy, I would be weary of jumping right into real estate without first having a SOLID foundation of knowledge in how to accomplish these investments.Things are changing rapidly in the real estate world, and if you aren’t prepared, then you’ll be washed out and broke in no time.You’re welcome to check out our website which explains everything you need to know about multifamily syndications and the market.All in all, if I were you, I would do some more research on whatever method you choose and then become the expert in that niche and your local market before jumping into anything and spending $40K.
Brian Henderson
401k and Roth IRA to buy rentals
12 May 2020 | 7 replies
@Brian HendersonPlease see the following regarding Considerations re Investing in Real Estate & Considerations re Choosing a Solo 401k provider:General Considerations Re Investing Retirement Funds in Real Estate:1.
Jerryll Noorden
My Take On "Consistency" Sending Mailers
15 May 2020 | 6 replies
So when I see all these people choosing DMM swearing that this works OMFG...