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5 December 2024 | 48 replies
Being nice to lazy investors, just rewards bad behavior and doesn't push them to be more resourceful - and hence more successful.It is a free country though, so best of luck with your approach:)
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6 December 2024 | 21 replies
If you feel a consultant would help you reach your goals faster, then get one:)Not sure how well the, "one-size fits all" approach works.Guiding you to find your own path would seem a better idea.DM us to chat more!
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9 December 2024 | 15 replies
Occupied Foreclosure Strategy: Some investors in NYC find success with a “cash for keys” approach.
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5 December 2024 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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7 December 2024 | 9 replies
Aloha, In a market where the sale-to-list price is 97.9%, homes sold above list price is 18.7%, and homes with price drops is 51.4%, I’m exploring how to respectfully submit an offer with a 30% to 50% discount on the listing price.Beside from the following actions, are there any additional steps I can take to ensure my approach is considerate to both the seller and my agent?
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5 December 2024 | 25 replies
Quote from @Melissa Thompson: Quote from @Diego Izarra: They have approached me.
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6 December 2024 | 6 replies
I agree with the per unit approach as well.
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7 December 2024 | 8 replies
We approach them saying that they have options.
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4 December 2024 | 0 replies
If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.
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5 December 2024 | 8 replies
I’ve faced this dilemma on nearly every deal, and after completing 30+ BRRRRs and 75+ flips, here’s how I now approach the decision:1.My preference is to ALWAYS BRRRR, if the numbers work.