23 March 2020 | 7 replies
@guifre Mora, do you have any suggestions on how to find good contractors that can help you determine how much repair will cost?
20 March 2020 | 0 replies
How to Determine:Step 1: o Identify the Deal Strategy Fix & Flip, Rental (Buy & Hold)BRRR (Buy,Rehab,Rent,Refinance)Step 2:o Determine the ARV (AFTER REPAIR VALUE) – Use Comparables, which are recently sold Houses in that area that are similar in Style/Structure.
20 March 2020 | 0 replies
A loan that is Secured by a piece of Real Estate PropertyThe funds are generally issued by Private Investors or CompaniesThe Borrower will receive Funds based off of the Property being purchasedThis is considered an All Cash Offer and TransactionTypically, the Length of Loan is a 12 Month TermA Hard Money Lender is an asset-based lenderClosing Times are generally 14 days or lessFinding ways to use other people's money along with your own is essential in Real Estate Investing, that is, if you want to be successful.You are giving yourself the ability to invest in properties you normally would not have been able to, or would have had to wait substantially longer before doing so.Depending on your Real Estate Strategy, the number of houses you can purchase and Flip/Rehab in a given time period, will determine how successful you are.
22 March 2020 | 16 replies
trying/Doing mental math of how long I can go before my net worth starts going down.
23 March 2020 | 29 replies
Problem is, you often don't have enough info to determine that.
7 April 2020 | 16 replies
I believe the lenders have learned their lesson from 2008 and are going to work better with us this time instead of the us vs. them mentality.
21 March 2020 | 1 reply
Look for ExpertiseProperty management is a complicated and highly regulated industry, so you want to make sure you’re working with managers who know all the procedures and regulations for getting things done.Assess their industry expertise and determine how much they know about the rules and requirements for managing your type of property.
21 March 2020 | 2 replies
This represents their profit that they can then use to save for retirement, or re-invest in additional opportunities.Most commonly, investors will utilize cash flow calculations to determine if a property is a good investment.
22 March 2020 | 12 replies
I would not sign the thing and make sure your tenants understand that you will determine any and all repairs or updates that will be done.
10 April 2020 | 16 replies
If printing unlimited amounts of money and funneling cash directly into the economy was enough to cause inflation on it own then we would be seeing hyper inflation in Japan and several European countries.Inflation is determined by money growth and the velocity of money, with velocity of money being the main determinant.