MJ Jav
Would you invest 300 k in San Antonio (TX) or Raleigh (NC)?
14 February 2024 | 13 replies
I was exploring San Antonio recently and trying to understand that market more as compared to Dallas Fort Worth where I see reduction in monthly cash flow and depleting overall returns as of now (tons of rental inventory there)
Jonathan Weinberger
Today I fired the Own It Detroit team after spending over $800k with them.
12 February 2024 | 60 replies
As well as to heavily vet your management team in the future and fully understand how they're operating procedures work.
Zak Cooper
Seller Financing Template - FEEDBACK Desired :)
13 February 2024 | 1 reply
[Insert bit of personalization about who I am, my family, and build trust, essentially humanizing the note].I understand that selling a property can be a significant decision, and may not be one you are considering, but if you are, I want to assure you that I approach this with respect and am eager to explore the possibility of finding something agreeable for the both of us.Here are a few reasons why seller financing (you not the bank) could be beneficial for you:- Steady Income: Seller financing offers you a reliable source of income, providing monthly payments without the hassle of managing the property directly.- Flexible Terms: We can discuss flexible payments that suit your needs, allowing you to customize the agreement according to your preferences.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.
Logan M.
This is the secret to buying real estate fast
11 February 2024 | 2 replies
Understanding Creative FinancingIf you know how to Find deals and operate deals, your limit will be financing.
Jacob Elbaum
Fire Damage Investment Property
13 February 2024 | 7 replies
I would recommend you find a fire restoration company/contractor who specializes in this type of work to walk the property with you and give you a good understanding as to what needs to be done.
Robert Johnson
Looking for advice on STR strategy and markets
14 February 2024 | 31 replies
I do understand that it depends on my markets and other factors but would like having some benchmark to help decide a good or great deal from a bad one.Also, to get to the $3k cash flow, how big a house would it require?
Abe Naroth
Private lending to buy foreclosures
13 February 2024 | 15 replies
Have not done it in TX but I understand the process is fairly straight forward.
Beth Johnson
A few reminders for DIY private money lenders
12 February 2024 | 2 replies
Don't defer decision-making to others without thorough understanding and legal review.
Michelle Backer
Anywhere left to invest in inexpensive real estate ?
14 February 2024 | 123 replies
If you are looking at single family, there are still many places but understand they most likely are cash flow plays not appreciation plays.