Hi all. I'm a new investor, and since my local market is quite expensive, I'm going to be investing out of state. One thing I was curious about is how out of state investors manage rehab from afar. Obviously you want to find a contractor you trust, but beyond that is there someone you would have ...
A lot of investors focus on the purchase price, rehab budget, and ARV, but holding costs can quietly eat into the profit. Before closing, I think it’s important to account for things like interest, utilities, insurance, taxes, maintenance, and the possibility that the project takes longer than ex...
Hi all, I’m researching the Sunbelt from the outside (Texas and Florida), and would value a reality check from people of those areas . Considering supply: Texas: Accidental landlords own 14.2% of Houston’s active single-family rentals. In suburban Fort Bend County, 17.8% of active rentals are lis...
How to Make REAL Money in Real Estate We all (well many of us) know, or at least suspect that CREATIVITY is the key to real estate wealth, but WHAT does that mean? To me, it means being able to RECOGNIZE an opportunity to earn a substantial profit, understand the level of associated risk, and hav...
I’m organizing a small network of active investors for off-market opportunities. If you are currently buying, comment or message me with your preferred ZIP codes, property type, price range, strategy, and normal closing timeline. I’m especially interested in active fix-and-flip, rental, and distr...
Hi all, Rob here, a Louisville agent who works mostly with investors. Most deals I see die on the financing, not the property. Here's how I match the money to the deal. Buying a rental and your W-2 doesn't tell the whole story: a DSCR loan, debt service coverage ratio. The lender qualifies the bu...
It seems to come in waves the fake lenders hitting you up on the PM system. lately the fake ones have upped their game through the years many posts on NOT to pay any up front fee so the fake lenders have switched to NO up front fee Until fully approved. So they will string you along give you a fu...
I've done DSCR loans across 236 doors, and here's what nobody told me before my first one: 1. The ratio matters more than the rate. I buy single-family under $100K, rehab to an ARV of $180K–$265K, and refi at 70–80% LTV. If the rent covers the payment at 1.25x, the loan gets done. My Section 8 re...
Curious to get the community's perspective on paying down rental debt vs redeploying cash flow. I ran the numbers on a $400,000 30-year fixed loan at 6.75%: Adding just $200/month in extra principal curtailment: • Eliminates $103,280 in total interest paid. • Shaves 5 Years and 4 Months off the l...
Hello, I'm purchasing a FSBO, $485k purchase price in florida, single family, investment loan. Seller is fine being in second position to the bank with a $95k note, interest only, 7 year balloon, no PPP. Current bank i'm talking with offers great rates but still wants 15% down of my own money. Lo...
Hello, Has anyone worked with Grocapitus and were their revenue estimates accurate? Any comments on things worked out? I tried searching the forum expecting to find something but was having trouble. Please PM if you've worked with them. Thanks in advance, Ryan
Hi everyone, I’m currently investing in MS using a BRRRR + Section 8/Housing Choice Voucher strategy, and I’m looking to expand into another market so I have more opportunities to find deals that actually work. Right now I’m considering Indiana and Missouri. For investors actively buying in eithe...
I just finished a consultation with a landlord who was leaving money on the table. Here are the three biggest traps I see: 1. The "Personal Truck" Trap Booking personal truck repairs as "Rental Maintenance." The Fix: Keep 100% separate. Or, track rental mileage strictly. 2. Repairs vs. Improvemen...
Hi Guys, I have a property out in Ohio and am looking to expand my portfolio. Im curious to hear from successful seasoned multifamily real estate investors what processes have made the successful. Some areas I want to gain more knowledge in is: -Network used to finding good tenants and fill units...
Hi all I am a relatively new investor and I just recently bought my 3rd rental property which is a triplex. I have 6 units now total (1 single family, 1 duplex and 1 triplex). overall everything is going okay, nothing catastrophic but I do have 1 tenant not paying rent so I will have to evict. Th...
Hi all, Rob here, a Louisville agent who does a lot of creative-terms deals. This is the Kentucky-specific stuff I wish more people knew before they wrote their first seller-finance deal here. Thirty-nine point four percent. That's the share of American homeowners who own their house outright: no...
I’ve been buying properties at auction, usually well below market value, and I’m trying to figure out the best way to scale without tying up all my cash in each property. I’m NOT looking to do fix-and-flips or major rehabs. The strategy I’m looking at is basically: Buy a property significantly be...
so i am an agent that wholesales but I'm not able to actually find any ready to go buyers. I'm doing the cold calls , reverse searching ,throwing signs, fb marketing , craigslist and etc.. I just have not been able to make anything stick. i have deal flow for sure just not any conversion. what do...
I’m trying to start in the Real Estate Investment and at the same time get a house that we like to live for a while. I found a good deal that my offer might be accepted and would live in that house as a primary for 3y at least while doing updates. I have a condo in Naples that I bought at the pea...
Hello Everyone, I recently heard about a loan product called an HEI - Home Equity Investment. I spoke with a senior client who has significant equity in her home, however is in need of some cash to sustain her financially. I have done some preliminary research on companies such as Point and Split...
As the Title says, I am in a bad market, and a soon to be investor. Where are the best cities/states to invest. I have been looking at potentially Indiana. What are some of the key things to know when it comes to long distance investing? What are the steps to getting a loan out of state? If anyon...
For landlords and real estate investors who manage their own rentals, I'm curious: What part of self-management takes the most time for you? Is it: Tenant communication Maintenance requests Finding and coordinating vendors Keeping property records organized Rent/expense tracking Following up on r...
For those holding single-family rentals in small rural markets (towns under 10K), what's the minimum cap rate you'll buy at? I'm using 7% on all-in cost (price plus repairs plus closing) after 8% vacancy, 8% maintenance, 8% capex, management, taxes and insurance. Is that too low for the extra ris...
For those of you working with off-market or distressed properties, how do you usually verify the current property owner and contact information before starting seller outreach? I’ve noticed that ownership and mailing information can sometimes be outdated, especially when working with older proper...
For years with our own rentals, the hardest part wasn't the repair. It was the late-night text with a photo, and deciding: send someone now, or wait till morning? Here are four real ones from our houses. What would you do? Range outlet and the cover somehow came off.. Water around the base of a t...