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Results (10,000+)
Josh Haney Real Estate license and how it relates to personal investments
3 March 2024 | 36 replies
And although I didn't intend to sell as much initially, I ended up really liking selling a lot more than I thought. 
Micah Cook The "good problem" of not knowing what to do with portfolio equity
3 March 2024 | 1 reply
so most people will have to be as leveraged as possible to scale (at the beginning). as in, keep your LTV high and focus on buying 'as much' ($$) RE as possible. this is if you're doing a pretty run of the mill REI strategy like buy and hold. i came across an interesting guideline once: if you could sell today and net 7x+ your annual true net cashflow, you should cash-out/refi, or sell/1031. think of it this way: if your portfolio in a year is worth 1m market value, and you owe 600k, and have a lender that will do a portfolio loan at 80% ltv, you could cashout refi and get 200k to play with (minus closing costs). when you compare the now-lower cashflow from the existing portfolio (higher LTV & maybe different rate), to what you can do with 200k cash, THAT'S where it gets fun. maybe you lose 1k/mo in cashflow on the original portfolio (literally just made up a number, idk), but you can gain 2500/mo in cashflow with that 200k.. then doing the cashout/refi earned you a net increase in your monthly profit of 1500/mo, plus you're getting debt paydown and appreciation on "more" real estate, probably getting bigger tax benefits, etc.
Jason Elkins Installment Contracts vs Assignment Agreements
3 March 2024 | 5 replies
I think Installments sound strange and like a lot of problems waiting to happen, not to mention the risk of not being able to sell and then being out the carry costs, etc. 
Jake Faris Converting multi-family STR/LTR to commercial motel/hotel - Pros and Cons
3 March 2024 | 9 replies
This would significantly affect the resale value of the property if you ever went to sell or ever wanted to refinance.
Matt Pippin Looking for guidance
4 March 2024 | 9 replies
If it isn't, sell and hopefully pocket some profits to invest in something else.If it is for you, you could repeat the process and buy another owner-occupant property and rent our your previous.
Andy Nanneman Selling Rental Property in Need of Work
1 March 2024 | 1 reply
So I came to peace with selling.  
Brandon Stiles Building line of credit for LLC?
4 March 2024 | 10 replies
I try to buy with seller financing now, and I renovate with Home Depot line and our own cash, and then refinance or sell later. 
AnnMarie Bacchus Are CPA’s necessary before starting out? If not, at what point is a CPA necessary?
4 March 2024 | 59 replies
Obviously there will be a fee a pay for the services of course but i’m noticing most CPA are trying to sell me a packaged deal meant for REI who have larger portfolios with complex tax planning/strategy needed and I haven't found someone who fits my need.  
Alexander Rodriguez Tenant keeps getting mold in bathroom.
5 March 2024 | 43 replies
They do sell exhaust fans that turn on automatically upon detecting moisture.
Shaun H Wilson The Rookie Rental Property Investor
4 March 2024 | 5 replies
Will your identified markets be an easy or difficult area to sell once it’s time?