Monica M.
$80k per month profit?!
7 May 2024 | 5 replies
Here's the summary I got from the video - she borrowed from bank for mortgage and rehab:Her first property $55k, fixed up and appraised to $90k ($1300 cash flow)She added 6 more properties to her portfolio in year1 - 2 duplexes ($2k cash flow) + 4-bed house (bought from cash flow and equity from other properties).By year1, she made 6-7k profit / per yearBy year2, she purchased package deals and added more properties with 2-week turnaround on fixing them (with the help of a dedicated contractor(s) who lived in one of the multi unit/room properties)She also did Airbnb and arbitrage.
Nilusha Jayasinghe
Tracking receipts for taxes with PM company
7 May 2024 | 5 replies
Are they getting vendors or they have in-house maintenance dept to do the work?
Susan Owen
Out of state rental property exit strategy advice
7 May 2024 | 14 replies
I always recommend investing in areas with strong underlying fundamentals: jobs, limited housing supply, desirability/ high demand, population growth/ net in-migration, affordability, etc.
Zachary Engen
New investor looking for advice in oregon
6 May 2024 | 3 replies
The cost of hard money also makes timing and accuracy of projections even more important.If it fits your situation, house hacking is the best way to dip your toes into rehab investing.
Johnathan Martinez
Hello and Great day
7 May 2024 | 6 replies
Make sure you set clear investment goals when you are doing this little by little as well as viewing house hacking as an idea for getting rent from it.
Zander Kempf
RE Development Course?
8 May 2024 | 7 replies
I got so tired with our industry keeping people out when there are more than enough projects for everyone.I’ve developed hundreds of CVS and family dollar stores across the US along with the shopping centers, industrial parks, and housing.
Tony Ferreira
10 year Retirement Plan (HENRY)
7 May 2024 | 10 replies
Stop with all the dinners out, vacations, downsize car, downsize your house or rental, etc.
Bruce Woodruff
Inept Home Inspectors
6 May 2024 | 2 replies
Ok, I had a house I was selling go into escrow and of course the buyer had a Home Inspector do his thing.
Wes Holmes
Hard Money Collatoral
7 May 2024 | 9 replies
The other thing to note is that if you are not confident enough in the deal that you would put up your own house, then it may: A) not be a good deal at all or B) you might consider partnering with someone that has more experience Nobody likes foreclosing on someone's personal residence.
Eva Morel
Bought 4-plex -should i Kick tenants out?
6 May 2024 | 1 reply
I currently live in a market where housing has exploded and rents are off the chart.