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Results (10,000+)
Jacqueline Lee New investor needing some help buying first property.
6 February 2024 | 16 replies
They both lay out and explain the process.1: The Book on Flipping Houses - J Scott2: FLIP - Rick VillaniWell worth the time and very informational.Good Luck!
Yamil Pimienta Best HELOC banks to use in New Jersey for a 3 family ?
5 February 2024 | 3 replies
@Yamil Pimienta not occupying will make the process very tough. 
Pedro Desouza I’m new to real estate
5 February 2024 | 1 reply
I really just want to start learning but dont know where to go to self educate to start learning the language, strategies, and processes to start growing my knowledge so I dont sound like an idiot on the phones.
Mitchell Alliston Aiming BIG after my first deal ever.
4 February 2024 | 4 replies
My name is Mitch Alliston and I am done with my first real estate deal ever and Just doubled the value of a farm by transforming it with permaculture design, now that we have closed I will be coming back to South Florida to start investing in apartment buildings from St.
Swati Yadav Looking for lifestyle unlimited members around in Dallas for feedback
5 February 2024 | 2 replies
At least at the end of the process they would have a piece of real estate, instead of just an education.People who never do anything weren't going to do anything anyway, they just like paying for the education. 
Jordan Kreisher Abandoned car on rental property
5 February 2024 | 13 replies
They will follow the legal process to obtain title or the owner will need to pay fees to get it out of impound.
Arabella Palma Looking for advise- 1031 or DSCR-refi/cashout and purchase?
5 February 2024 | 4 replies
Simple paper work during processing takes care of that part. 
Devin Peterson Lenders and brokers scaling question
5 February 2024 | 4 replies
@Devin Peterson I am literally starting this exact process myself!
James Brand HELP! IBC Sprinkler & Fire Suppression
4 February 2024 | 6 replies
Looking for some random assistance if there are any design professionals or experienced investors who might know of an exemption. 
Tony Pellettieri Our 3rd Investment Property - Which Exit strategy?
5 February 2024 | 9 replies
Let's break things down, hopefully, I am understanding everything correctly...Exit Strategy 1: Full Rehab and Rent IncreasePros:Higher ARV (After Repair Value): This strategy could potentially increase the property's value to $126,000, allowing for a higher cash-out refinance amount.Higher Rent: After the completion of the Scope of Work (SOW), the rent could be raised to $1,000, generating more monthly revenue.Long-Term Value: Completing a full rehab could increase the property's long-term value and appeal, making it more competitive in the market.Cons:Higher Initial Investment: The SOW budget is significantly higher at $15,750, requiring more cash upfront.Vacancy Risk: Asking the current renters to vacate for the rehab introduces the risk of vacancy and lost rental income during the renovation period.Longer Timeline: The rehab process and finding new tenants could extend the timeline before the property starts generating its anticipated cash flow.Exit Strategy 2: Minimal Repairs and Keeping Current RentersPros:Lower Initial Investment: With a SOW budget of just $2,500, this strategy requires less cash upfront.Quicker Turnaround: Completing minimal repairs and keeping the current tenants can significantly shorten the timeline to start generating cash flow.Reduced Vacancy Risk: By allowing the current tenants to stay, the property continues to generate income, avoiding the risks associated with vacancy.Cons:Lower ARV: This strategy results in a lower ARV of $110,000, which affects the cash-out refinance amount.Lower Rent Increase: The rent increase to $900 is less than what could be achieved with a full rehab.Future Repair Costs: Minimal repairs might not address all the property's needs, potentially leading to higher maintenance costs down the line.Financial Analysis:Cash Flow Considerations: Both strategies provide positive cash flow before reserves, with Strategy 1 generating $160 and Strategy 2 generating $148 monthly.