Eric Fernwood
What Makes An Investor Agent
15 March 2024 | 3 replies
Repeat until you find a good propertyOnsite evaluation and estimation of the renovation costMaking offers and closing escrowOversee the renovationMarket the propertyScreen potential tenantsManage the property long-termInvestors are usually high income individuals who have money, but no time.
Deonte Hill
Condo BRRR - Worth the effort?
15 March 2024 | 8 replies
While Section 8 rentals offer stable income, be prepared for additional regulations and inspections, and thoroughly research program guidelines.
Amanda Long
Please fill me in… whole sale company vs property owner
14 March 2024 | 11 replies
An offer was put in but the loan to close for that buyer was after our closing date.
Benjamin Carver
Which Direction is the Raleigh Real Estate Market Heading?
14 March 2024 | 0 replies
And despite the higher rates this past year which deter many buyers, we *still* find ourselves in multiple offer situations, indicating we are still hot while many markets have long cooled.To illustrate, my team recently sold a home for $50k above the asking price after a successful open house with over 50 attendees, just a few days on market.
Arron Paulino
Real Estate Investing Reset Button Has Been Pushed
14 March 2024 | 13 replies
They can help navigate challenges, identify market opportunities, and offer sound advice based on their own successes and failures.Risk Mitigation: Sharing the risk with other investors can reduce your exposure and help protect your assets.
David Ounanian
How can I maximize profits when selling an investment property?
14 March 2024 | 0 replies
-Consider offering incentives or concessions if offers are not being submitted.Tax Planning:-Understand tax implications and consult with a tax professional.Pre-Sale Inspections:-Conduct inspections to address potential issues beforehand.Remember that every real estate market is unique, and the effectiveness of these strategies may vary.
Willie Creear III
Mid-Term Rental Strategy: Rent By Room
14 March 2024 | 9 replies
To piggy back off Connor - offering an incentive to tenants who find another renter when you have vacancies and trying to limit pets can help a lot as well!
Isaiah Thelwell
Seasoning periods for Refinance?
14 March 2024 | 18 replies
This is hugely problematic for the “speed” aspect of BRRRR investing—drastically slowing down the returns and velocity of capital for BRRRR investors using conventional loans.Portfolio lenders are another option, and they typically offer competitive rates and fees as well.
Pablo Flores
Anyone use STR Law Guys?
12 March 2024 | 17 replies
I was turned off by the approach, style, and even more importantly that the solution suggested was not correct for my situation and the rationale for it contained factual errors for my situation.
Hyeonji Oh
Multi family cash flow in San Jose
14 March 2024 | 12 replies
Not every lender is certified to offer this type of service.