William Tse
Looking to purchase our second investment property
8 August 2024 | 5 replies
Its hard to pick an area as all areas have different pros and cons, for example some are heavy cashflow positive but lack appreciation.
Nicholas Whelpley
Does it make sense to buy for rental property that doesn't hit 1% rule if I Househack
9 August 2024 | 5 replies
it is in Massachusetts so appreciation is there but cashflow has always been lacking.
Michelle Chan
BEWARE Techvestor / Scoutpads
8 August 2024 | 22 replies
Over the years they signed up over 200 investors, primarily employees of Facebook/Meta (where Sief used to work) and Apple (where Sabrina used to work).
Holly Peterson
What Are the Biggest Mistakes You’ve Made in Private Money Lending?
8 August 2024 | 5 replies
Scenario:A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.Mistake:Miscommunication led to issues that could have been addressed early on, contributing to project delays and difficulties in loan repayment.Lesson Learned:Maintain open and regular communication with borrowers.
Paul Post
How much info can a PM share with a landlord?
9 August 2024 | 47 replies
If they want to micro-manage their investments and be involved in every decision or know every detail, I'm not the right guy for them.If your owners demand to know all the details, it demonstrates a lack of trust which means they are micro-managers or you haven't proven yourself yet.
Donald Brown
What would your next move be?
7 August 2024 | 4 replies
Equity: 250k2 Family 3/2 Purchased 2023 475k Currently worth 600k 7.25% Interest Cash Flow -1,100 a month ( I live in one of the these)Equity: 98k ( yes i put 20% down)55k in Stocks mostly apple/vti/qqq 5k Cash (reserved for emergency missed rent payments) in a 4.50% savings accountNo credit card debt no car loansI do have 60k in open credit cards 8k available for no interest for 15 months.I have a 50k Heloc on my 2 family unit at 8% interest 10 year interest only 10 year repaymentSo as a investor what would some of you guys suggest as my next investment move?
Bj Ayoleke
Looking for an investor agent in NY or Rochester NY
8 August 2024 | 9 replies
Typically I work with investors who have a well thought out strategy but sometimes lack information about the Rochester market.
Doug Spence
Best ADU Design and Contracting Companies in San Diego County
6 August 2024 | 5 replies
My #1 piece of advice is to make sure you gather true apples to apples bids, that account for the entire scope of the project.
Douglas Gratz
Let me be your mentor
7 August 2024 | 14 replies
Meanwhile, the assets lack fundamentals, and rarely trade for remotely close to where they appraise.