Hey everyone ive been hearing about and researching VELOCITY BANKING alot lately. Seems too good to be true. Any of you experts have experience in this field and can confirm or deny? Thanks everyone!Nick
I posted this elsewhere but figured I'd share my 5+ year ongoing story of buying rental properties to encourage members here. Personal Background
Most of my childhood was spent growing up inside a tenant house on a...
I’ve got a property under contract, it’s a preforeclosure and I’m trying to wholesale it. This will be my first wholesale deal. The owner lives out of state and his daughter is living in the property (I’m assuming ren...
Hear me out.Over the last years, more and more of the BP discussions circle around cash flow. As LTR was getting harder 2018-2020 STR became the new thing everyone started chasing. Until that started getting difficult...
If you had to guess, what is the success rate in real estate investing? Success being defined by someone being able to live above average lifestyle strictly based upon their earnings in real estate.I bet its below 5%...
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
I have a tenant that pays on time and keeps place clean.
I also offer him a desirable place to live that is being taken care of.
To me nice tenant is not the one who expects me to subsidize their rent.
I provide a...