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1 July 2024 | 18 replies
With the interest rates up, buyers are becoming fewer.
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1 July 2024 | 28 replies
After the initial set up, I go to my STR before the busy season to take inventory of linens and consumables like soap etc, replace or repair linens or small items, touch up paint, and get my eyes on the property to make sure everything is in good repair.
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29 June 2024 | 2 replies
There were fewer problems with theft and less work as you don't have to collect the coins.
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29 June 2024 | 0 replies
I followed a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeI came to the result of above 200k and am looking for advice/comments from experienced investors on my decision.
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30 June 2024 | 3 replies
I've had lots of inquiries from small families who are interested in fewer bedrooms.The house meets the zoning requirements to be a duplex, and structurally, it seems like it might have been a duplex before, even though it's currently registered as a single-family home in city records.
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1 July 2024 | 27 replies
And like some body-snacher flick this parasite has taken over the "wholesaler" space all but totally, zombified creature feeding on your capital vs brains although they do consume a considerable amount of ones patience as well.
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2 July 2024 | 108 replies
You have to be able to talk with the sellers about who else you helped down the block.Also, wholesaling is 25x more time consuming than most other real estate endeavors, so it's more than a 9 to 5 if you get good at it.
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29 June 2024 | 9 replies
This extra payment deal is for consumer/homeowner that will spend all the money he has available on cigarettes, beer, etc. so he “fools” himself into “painlessly” saving money by building extra equity in his one big “investment”.A professional investor should NOT need to “fool” themselves into “forced” savings.
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28 June 2024 | 5 replies
The Boomer Business Bureau isn't a credible source of information.Loopnet and Crexi are the industry standard consumer-facing sources for CRE.
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29 June 2024 | 20 replies
The local angle can give you that edge against other buyers, especially when you are dealing with high equity owners who might be older and a little weary of some company coming in wanting to buy their house.One down side to consider is, hand writing all of your letters will be time consuming, but there are ways to get around that.