Gabriel Borrego
Rookie looking to learn
15 March 2024 | 8 replies
You can get into it with relatively low money down depending on what options lenders offer in your area.
Sean N.
Huge tax shock that came back to haunt me.
14 March 2024 | 16 replies
He could have easily sold his Tesla shares instead to fund the deal, but by taking on debt and using them as collateral, one of the things he is doing is avoiding the taxable event that would otherwise happen if he sold the stock, and getting what is probably an extremely low interest rate for the loan.
Angelina Le
Guidance or strategies for first time investor
15 March 2024 | 14 replies
20 years ago, before the real estate crash, many investors made 100 offers (at prices that matched their target ROI), to maybe get 10 accepted, to end up with 1 after it passed their inspection criteria.You can try any shortcut you want, but most will negatively affect your ROI.
Eric Fernwood
What Makes An Investor Agent
15 March 2024 | 3 replies
Repeat until you find a good propertyOnsite evaluation and estimation of the renovation costMaking offers and closing escrowOversee the renovationMarket the propertyScreen potential tenantsManage the property long-termInvestors are usually high income individuals who have money, but no time.
Deonte Hill
Condo BRRR - Worth the effort?
15 March 2024 | 8 replies
While Section 8 rentals offer stable income, be prepared for additional regulations and inspections, and thoroughly research program guidelines.
Amanda Long
Please fill me in… whole sale company vs property owner
14 March 2024 | 11 replies
An offer was put in but the loan to close for that buyer was after our closing date.
Brandon McLean
The 15 Essential Items Every Short Term Rental MUST HAVE
14 March 2024 | 35 replies
The kitchen is full stocked with many items to make just about anything including a turkey. 3 coffee makers (2 Keurig and a drip) plus a french press.
Benjamin Carver
Which Direction is the Raleigh Real Estate Market Heading?
14 March 2024 | 0 replies
And despite the higher rates this past year which deter many buyers, we *still* find ourselves in multiple offer situations, indicating we are still hot while many markets have long cooled.To illustrate, my team recently sold a home for $50k above the asking price after a successful open house with over 50 attendees, just a few days on market.
Arron Paulino
Real Estate Investing Reset Button Has Been Pushed
14 March 2024 | 13 replies
They can help navigate challenges, identify market opportunities, and offer sound advice based on their own successes and failures.Risk Mitigation: Sharing the risk with other investors can reduce your exposure and help protect your assets.
David Ounanian
How can I maximize profits when selling an investment property?
14 March 2024 | 0 replies
-Consider offering incentives or concessions if offers are not being submitted.Tax Planning:-Understand tax implications and consult with a tax professional.Pre-Sale Inspections:-Conduct inspections to address potential issues beforehand.Remember that every real estate market is unique, and the effectiveness of these strategies may vary.