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2 March 2024 | 8 replies
Find a QI and get them in contact with escrow to get the ball rolling.
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1 March 2024 | 8 replies
For this example we will use 70% For this formula you will need to know the following:ARV=After Repair Value ( How much will the house will sell for after making all the repairs needed)Repair Estimate - (Send me a message and I can send you a list I got from my mentorship class for ball park estimates based on square footage and depending if you need cosmetic repairs, avarage repairs or Extreme repairs)Your Assigment FeeARVx.70 - Repairs - Your Assignment FEE = Max OfferExample$200,000 x .70 = $140,000 - $30,000 (repairs) - $10,000 (your profit) = $100,000 (offer)Your potential profit is $10,000 I hope this formula helps you make offers that will make sense for all involved in the transaction.Happy Wholesaling,Lily Rodriguez - Investor friendly Broker
1 March 2024 | 16 replies
Working 11 hrs a day Monday through Friday is my current situation but how to I get the ball actually to start moving towards a deal with no capital?
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1 March 2024 | 19 replies
Even during the crazy pandemic year that saw other markets go up 15%, DC was steady at just above its average at 7% 4.99% is quite precise.
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1 March 2024 | 1 reply
If you're just starting and don't have time to deal with a lot of potential issues, turnkey is a great way to get the ball rolling.
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29 February 2024 | 9 replies
There are many neighborhoods in Houston that score in the 70s and up on AirDNA, so it is a good market, but you need to be precise about where you're looking.2 - the submarkets within houston that perform well for STR are nowhere near your price point. continue saving or choose a cheaper market. you're looking at the fourth largest city in the US, and the biggest city in the most moved-to state in the union.
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29 February 2024 | 4 replies
Nobody has a perfect crystal ball, but probably next year it MIGHT be 4% (or even still higher).
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28 February 2024 | 7 replies
It’s a little bit of a different ball game than resale properties.
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28 February 2024 | 14 replies
It might not be as precise as your method, but it could give you a good starting point without the data headache.
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27 February 2024 | 36 replies
I've been taking in so much info that I'm in the analysis paralysis phase but I'm curious how someone more seasoned would get the ball rolling with just $50k cash today.