Dan Hertler
Is SFR Cashflow a Myth?
20 July 2024 | 59 replies
I agree that many poorly capitalized firms end up going out of business when credit dries up, their working capital suffers a short term decline, and they don't have enough cash to weather the storm.When the tide goes out many will be stranded or caught without their swim trunks at least.
Joel Mora
Tenant Can't Pay Early Termination Fee
16 July 2024 | 15 replies
If she doesn’t want to let you show it, then that’s fine but you’ll need to be more firm on the termination fee, maybe reduce fee due to special circumstances if she leaves it in great shape.
Joe Edwards-Hoff
"Farm" Loan with under 20% down?
15 July 2024 | 13 replies
Thats basically a commercial business loan...just for farming instead of running an accounting firm.
Katie Southard
Tenant Lost Mail Key, We have a spare, but isn't that a liability?
15 July 2024 | 12 replies
The tenants do need to understand that I am not at their beck and call for irresponsible behaviors and while I want to be kind, I need to be firm.
Sendhil Krishnan
So You Wanna Start a Residential Assisted Living Care Home (RAL)?
17 July 2024 | 20 replies
They know how to handle caregivers and other staff - That means being both firm and fair with the caregivers as they will be actively managing, hiring and (if needed) firing them.
Chi Sastry
Investing In TN
15 July 2024 | 22 replies
They often have insights and connections in the local real estate community.Join Online Forums and Communities: BiggerPockets has a community section where you can find and connect with investors in specific regions.Utilize Social Media: LinkedIn and Facebook groups focused on real estate investing can help you find and connect with local professionals and investors.Reach Out to Property Management Companies: These companies often have a good pulse on the local market and can connect you with investors and opportunities.Sample Contact List for Your Target MarketsHere are some resources and contacts for each of the markets mentioned:ChattanoogaChattanooga Real Estate Investors Association (CREIA)Local Brokers: KW Commercial, The Group Real Estate BrokerageKnoxvilleKnoxville Real Estate Investors Association (KREIA)Local Brokers: SVN | Wood Properties, Holrob Commercial RealtyMemphisMemphis Investors Group (MIG)Local Brokers: Memphis Realty Group, RE/MAX ExpertsClarksvilleClarksville REI MeetupsLocal Brokers: Clarksville Property Solutions, Keller Williams RealtyJohnson CityJohnson City Real Estate Investors MeetupLocal Brokers: Evans & Evans Real Estate, Century 21 LegacyKingsportTri-Cities REI Group (serving Kingsport, Johnson City, and Bristol)Local Brokers: Blue Ridge Properties, Berkshire Hathaway HomeServicesClevelandChattanooga-Cleveland REI MeetupsLocal Brokers: KW Cleveland, Crye-Leike RealtorsCookevilleUpper Cumberland REI MeetupsLocal Brokers: The Realty Firm, Highlands Elite Real EstateJacksonJackson REI NetworkLocal Brokers: Town & Country Inc., Conner Real EstateFranklinFranklin REI MeetupsLocal Brokers: The Ashton Real Estate Group, Synergy Realty NetworkNext StepsNetwork Actively: Attend meetups, join online forums, and reach out to brokers and agents.Conduct Market Research: Understand the specific dynamics of each market, including rental demand, vacancy rates, and local economic factors.Visit the Markets: If possible, visit these markets to get a firsthand feel of the neighborhoods and potential investment opportunities.By connecting with local investors, brokers, and agents, you'll gain valuable insights and find opportunities that align with your investment goals.
Michael Baum
Mike's Deal of the Day - July 1th, 2024
13 July 2024 | 5 replies
tag=slickdeals09-20&...I have never used this one as I am a pretty firm believer in the Zinus mattresses but I just ordered this up for our primary home.
Henry Lazerow
The new NAR rules have actually made buyer agent commissions go up not down
19 July 2024 | 100 replies
Yes I mean that in the past we occasionally took 2% *didn't like it but let it slide and now that the buyer broker sets minimum percent we are now at 2.5% firm minimum which is an interesting turn of events.
Kate Brown
Fraud - Kris Thomas Land Flipping 101 at it again
14 July 2024 | 26 replies
Come to find out his wife's dad had a career in real estate, his friend works at a firm as a private lender (that's how he got started), the houses were 50k houses and half of them were trailers...His personal house, while large was in the middle of nowhere...You can see the focus shifted from real estate investing to social media marketing.
Rick Im
What to do when my agent makes a unforgivable mistake
12 July 2024 | 24 replies
So, the difference in price & closing costs would establish firmly the amount.