Jonathan Lane
Newbies finding investment mentors
27 March 2020 | 3 replies
Here's my quick brainstormHow I would find a mentor:1)Attending a local real estate clubs2)Attend real estate investment focused educational classes (not get rich quick road shows)3) Look up and research real estate records, news articles etc. of local real estate investors4) Work for a real estate office/broker/agent who invests or works with investors5) Join & volunteer at social service organizations, charities etc that known investors in the area belong.
Cliff H.
Legal considerations of phasing in LTR to traditional STRs?
29 March 2020 | 8 replies
After reading over the horror story of the evicting a tenant from a STR, what are some of the legal and logistical gotchas those of you who have been at this for a while have seen in your neck of the woods by extending stays beyond 30 days in your state/region (ie: above CA laws defaulting stays over X days to traditional housing court)?
John Wesbrook
Best lenders for rental property?
29 March 2020 | 4 replies
You might want to get a traditional and when you are ready to buy the next property, get a 2nd position private.
Mike Imbriglio
Analyzing a Deal in Tucson, AZ- Advice from Local Investors
29 March 2020 | 8 replies
I live here in Tucson and do some traditional and non traditional real estate.
Scott Louis
I have 250k to invest...what is the best way to start?
30 March 2020 | 39 replies
Suggest you wait this fall when traditional time for home price to go lower.
Mitch Messer
Mortgage Rates at All-Time Lows. So, Why Can't You Get a Loan??
26 April 2020 | 47 replies
I actually attended a REIA meeting last year (I won't say where) in which the presenter, the "voice of experience" for that group, got up and encouraged investors to endure negative cash flow for up to 3 years on the insane promise of inevitable wealth and riches to be made sometime in the future.Made me sick to my stomach to watch.
Jordan Elijah
Financing First Development Project
30 March 2020 | 1 reply
A lot depends on the deal itself but you need to be experienced, qualified and strong financially to get development loans form traditional banks and lenders.
Chris Seveney
Sharpening Your Skills During This Time
13 April 2020 | 34 replies
I bought a total gym and putit in my living room, so I use it while I listen to bigger pockets or and audio bookI have also read again Rich Dad Poor Dad, the Richest man in Babylon, Think and Grow Rich among othersI also agree that is hard to derail since we have kids in the house all day and they need attention also, but I allow myself to get off track from my self improvement routines because I can get back on track after a day off.I think it is great to hear from other people, it gives me motivation to keep going!!
Austin Laughner
Traditional LLC
30 March 2020 | 3 replies
Hi all - I'm an investor in Chicago and am looking for advice on LLC strategies. In short, I'm looking to shelter every long-term rental investment under their own LLC. What are other folks doing in this scenario? Are...
Martin Neal
Going Broke Buying Good Deals
29 March 2020 | 4 replies
I’m just closing on my third SFH rental using a traditional buying strategy and will be all BRRRR going forward.If doing BRRRR deals, aren’t you essentially recycling your capital again and again therefore minimizing new expenditure?