Max Briggs
Trans union smartmove
4 February 2025 | 4 replies
One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.
James Landsford
Large Renovation on a nicer rental - I have no idea if this quote is reasonable.
9 February 2025 | 15 replies
If one is way too high or way too low I think its a red flag.
Josh Chapman
RESimpli CRM Pros & Cons
9 February 2025 | 32 replies
It looks a lot like a customized version of High Level, kind of like REI Reply.
Amanda Dobbs
Where to find Investors
3 February 2025 | 6 replies
In-person interactions are great for building trust with potential investors.Real Estate Platforms:BiggerPockets: A robust platform for connecting with private lenders and investors.Fund That Flip, PeerStreet, Groundfloor: Online platforms connecting investors with real estate projects.Social Media Groups: Facebook and LinkedIn groups dedicated to real estate investing often have private investors or lenders looking to connect.Personal Network: Often overlooked, but friends, family, and colleagues may know individuals interested in investing.Private Money Brokers: If you're working on wholesaling deals, you may find brokers who have established relationships with private money lenders.Real Estate Agents: Some agents have connections with private investors, especially those focused on investment properties.For your 50% LTV, it's good to approach investors who may be interested in lower-risk, high-equity deals.
Shiva Bhaskar
Good real estate newsletters to sign up for?
23 January 2025 | 4 replies
The Real Estate Guys do a great newsletter with lots of high-level information about the economy and how it impacts real estate.
Joe McLaughlin
STR Furnishing Checklist
4 February 2025 | 7 replies
I'm starting to acquire furnishings and am looking for a checklist of sorts to help keep myself organized as I seek the best deals on high quality goods to furnish our rental.
Bryce Cover
Analyzing the Impact of Selling vs. Renting My Property
6 February 2025 | 3 replies
Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.
Kenyatta Barthelemy
Starting out in New Orleans/ Baton Rouge
27 January 2025 | 21 replies
I managed a low end apartment block for several years.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
High property prices mean fewer people can afford to buy, so more people rent.
Zhong Zhang
a multifamily investment case analysis
19 January 2025 | 6 replies
But if this is purely an investment, the high maintenance fee is a major concern.Now, let’s look at what happens in the next 5 years:Refinance After 5 Years: Assuming 4% appreciation, your property value will increase to $1,216,653.