Santiago Fajardo
Short Term Rental Management companies?
6 June 2024 | 4 replies
Hi, looking to see if anyone has used a short term rental management company, if so, what was your experience with them.
David D.
Using a predictive model to find undervalued properties.
11 June 2024 | 46 replies
There are companies with billions of dollars in war chests doing this all the time.
Mario Cuartas
Tapping Into House Hacking Benefits By Helping My Sister
9 June 2024 | 6 replies
We would both be on the loan.
Ashley Wilson
Multifamily & Market Cycles: How to Time the Market
10 June 2024 | 6 replies
Whether it is to build out your own in-house PM company, renegotiate vendor contracts on your properties with your new unit count as your bargaining chip, or just build out a more robust administrative team, now is the time to do it to support your needs for the next market phase.
Tara Montgomery
Seeking Advice on Managing $286K Debt Secured by Two Properties
9 June 2024 | 2 replies
Is it possible for a private investor[non hard money lenders] to pay down your loan and secure a lien and for you to pay them back, and if so where do you find investors that would?
David Hersh
Canadian Investor Entering the Detroit Market
10 June 2024 | 12 replies
@David Hersh as a PMC, we do everything we can to assist our clients.So, we have referrals to lenders, attorneys, insurance companies, CPA's, etc.
Daniel Carlyle
A Real Estate Analogy
10 June 2024 | 8 replies
.- Principal debt paydown: tenant paying off your loan.- Cash flow.Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today.
William Coet
AI (artificial intelligence) Will it Bring the Value of Real Estate to Zero?
11 June 2024 | 8 replies
like what most people don't get about the AI is that, currently, in 2024, the AI will become a sudden giant because there's world war three among data centre elephant and data modeler : microsoft vs google vs meta vs amazon, they are the one that's buying thousand of nvidia gpu with the hop one day that one small company or startup can replace the incumbent like google , pfizer All their purchase makes every single nvidia employee can buy a house in santa clara county easily lol. it would impact REI by a lot later on as employment and employability or group of persons would change.
Mike Schorah
What’s the most creative strategy you’ve seen to buy a house?
9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.
Eric Clapp
Getting Started in my Real Estate journey!
10 June 2024 | 12 replies
Finally, create a detailed financial plan that includes your home buying budget, loan arrangements, rental income and expenses to ensure that the investment remains profitableThank you!