Brad D.
What is the Strategy Here?
29 January 2024 | 2 replies
https://www.zillow.com/homedetails/1754-Chico-St-San-Diego-C...
They buy this 1/16/24 for $1.6M and immediately put it up for rent at $5.5k.
Nicole Blankenship
Newbie Investor Choosing a Market
2 February 2024 | 52 replies
The first thing I'd recommend is determining what your goals/strategy are-- looks like cash flow based on price to rent ratios in these areas.The reason I'm saying this is because rentals or managing properties in general out of state present additional challenges, so you have to understand that going in and know that things will come up.
Thomas W.
How did you buy your second investment property?
31 January 2024 | 24 replies
It's nice when it does, sure, but in most cases it takes years of saving and investing LOTS OF YOUR OWN MONEY to start.Once you have some cash in the game there's plenty of stuff you can do to generate more money, like BRRRR, selling properties that have appreciated, more targeted flips done with your money to raise more money, working with hard-money lenders using your real estate as security, and the list gets longer and longer the more properties you have and the more experienced you become.But the number of people who get into this at first through wholesaling and flipping and successfully make money at these two no-money-down strategies, enough to move on to buying investment properties with the cash their business generates, is really quite small in most markets.
Phil Petite
Having Trouble with the BRRRR Method and Spreadsheet
30 January 2024 | 13 replies
Solid strategy.
Tony Jarusook
Fixed rate equity loan vs HELOC
31 January 2024 | 16 replies
I appreciate you providing all the details that help me better understand the strategy.
Thomas Yourkiewicz
Toledo Ohio. Why is Toledo an investor friendly area?
31 January 2024 | 33 replies
There are good investment properties in the tougher areas and as always the execution of your property management strategy and resident placement is key.
Trenton VandeGuchte
House Hacking to Travel Nurses
31 January 2024 | 14 replies
One strategy that I am investigating is renting to travel nurses.
Jorge Castro
Building my first BRRRR in Guadalajara, Mexico
30 January 2024 | 4 replies
As long as you are profitable on your first deal, that is a win.
Account Closed
Financing for New Properties in a Seperate Newly-Formed LLC
31 January 2024 | 16 replies
Depending on the size of the loan it will likely be a community bank (typically less than $1 Billion in Assets) or maybe a regional bank (typically in the < $10 Billion asset range).You have to have a financing exit strategy.
Mei Bae Wu
Looking for advice from lenders!
30 January 2024 | 5 replies
None of that would matter if your client was buying or controlling property using Seller financing, leases, options, or subject to purchases.Commercial lending is great, but should not be anyone's only strategy as it restricts scalability.