All Forum Posts by: Jazmine S.

Hi @Tamir Alush! Did you end up finding anyone you loved? I work in Broward, but sometimes knowledge of the procedures seems to be far more important than knowledge of small farm areas (if both parties conduct adequate research). Would love to hear your experiences, especially if they are positive ones! :)

Thank you so much for the share Joshua! Great catch!

Hi @Jill Patton, did you end up going through with the rehab? If so who did you use and what were your experiences? Thanks so much!

Wonderful appearance and superb margin! As a new investor, I wanted to ask... It looks like there was some major (ish) changes to the siding... Was it difficult to obtain permits (if you needed them in your area) and how long did the process take? Thanks @Kami S.!

This will be for short-term rehabs only, fyi.

Specifically for the first time (or few). I have had my mind set on HML for a while now... Understand all of the disadvantages and how they work... But I started to look into portfolio lenders and it seems there are a few in my area and am wondering what the major disadvantages of going that route would be. I've heard the term is typically 6-12 months, and have also heard they sometimes don't lend for less than 5 years?

Also, if you have had good experiences with conventional mortgages for REHABS, feel free to note.. I just feel as if they would take too long? (In addition to most likely not taking rehab costs into consideration).

 Very helpful J. FYI, I finished Flipping Houses a few days ago and am currently immersing myself into Estimating Rehab Costs. ;) Great stuff.

Taking into consideration the homes you have bought that are more new, as well as all roof materials you have encountered... All in all, how often would you say repairing the flashings/gutters etc. was not enough and you ended up replacing the roof, if you had to give it a percentage?

Most people don't think from the eyes of REI. They don't want to be tied down to one place, they want the freedom that comes with renting, and the idea of re-selling it based on its future value is nowhere in their mind. Where I live, if you want a nice place to live it's very common to pay $1,300. And that's for a single bedroom. $1,000 and up would get you a decent place, but anything less and you're not living comfortably.

I am not sure if you are looking for other methods of funding, of if you are looking for alternate streams of passive income (you could try purchasing furniture used for future staging and rent them out when you're not using them for an example), but if you have the time to work on more than what you're already doing and are simply wanting ideas to come up with more funding, I would suggest working together with someone else (an active REI that is) who has the capital and splitting the profit until you make enough that way so you don't have to worry about it.