Katie Miller
Tell me your BIG Real Estate Goals for 2020!
4 March 2020 | 255 replies
Secondly, once we pay down all our consumer debt, we plan on using the same unsecured line of credit to purchase 3 more multi-family units this year in 2020.The biggest take away form out first year was PATIENTS, Which is not easy!
Pope Lake
Delaying Investment Until Next Economic Downturn
9 September 2019 | 63 replies
Be patient.
Cori Leste
Dumb question about expensive markets
28 October 2019 | 29 replies
The investment looks like:- a 4.5% cap rate (assuming 30 opex ratio) -that would be debt service coverage ratio constrained so likely 40% equity and 60% debt-low cash on cash rate initially (2% )- high rent growth 4%+ - high exit sale priceThe property won't cash flow significantly but the IRR much higher than the cap rate of 4.5%It's a low risk, moderate return investment.You're still making money but you need to be patient and need to wait to harvest value from the resale.
Cirilo Villar
22 Years old with zero credit and $4,000 how can I start REI
22 July 2019 | 116 replies
If you want to go out on your own, use that 4,000 as seed money, but It goes fast if you don’t sell a home.The most important thing is to invest in your self and be patient.
DIANE LEE
is this also available in canada market or even internationally?
30 April 2016 | 14 replies
And as Sarah suggested, be patient.
Aaron Bard
Big Plans, Small Progress
5 December 2023 | 14 replies
But one step at a time.Right now I just need advice on being patient in this dry market.
Andrew Freed
How to make my offer stand out in a competitive market?
10 February 2021 | 29 replies
At the end of the day it might take you 1 offer or 10 to get the right deal but be patient.
Chad Acerboni
Need help identifying out of state market to invest
8 October 2019 | 36 replies
If you're a patient person that will definitely help, but the more important issue is being able to retain tenants when they have to wait a month for their AC to get fixed in the middle of the summer.
Rudy Ferrara
real estate wholesaling under attack
24 March 2022 | 96 replies
This is another reason you have turn key brokers they have the patients to work with newbie investors.
Derek Meyer
50 words or less - Getting First Downpayment
10 March 2021 | 35 replies
Rents raise over time and the cash flow will come too- just not right away, you have to be patient, but it will be worth it.