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11 November 2024 | 10 replies
Why should they care about the long-term tenant performance?
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4 November 2024 | 1 reply
This diversification includes healthcare, with the South Texas Medical Center continuing to expand; education, with multiple universities enhancing their tech programs; and the military, with cyber command units at local bases.
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4 November 2024 | 10 replies
1) Rarely paying asking price or even "market price" for a property.2) Understanding how they may be able to reposition a poorly managed property for increased cashflow and value.3) Looking for creative financing, so they don't have to deal with a bank for a purchase loan.4) Understanding ROI, Cash-on-Cash, NOI, etc. and using those numbers to determine HOW MUCH they should offer on a property to meet their taget performance numbers.Funny, appropriate, recent interaction with a plumbing company.
14 November 2024 | 20 replies
The total would’ve exceeded $750 had it all been performed on the same date.
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9 November 2024 | 6 replies
This is a great strategy and our former primaries have become the best performing rentals in our portfolio.
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4 November 2024 | 1 reply
When renovating a walk-out single-family home to create a separate legal unit in the basement, removing the interior stairs can increase usable square footage and enhance security between the two units.
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8 November 2024 | 5 replies
Most states require you to be licensed to perform a wholesale deal in which you negotiate a contract, market that property and contract and then assign it for a fee.
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12 November 2024 | 18 replies
Long story short, my portfolio's equity has grown to the point where the return on equity is so low that it has forced me to consider selling my 14 unit apartment building. 4 years ago when I bought this property for 445k and I dumped in 200k and has performed incredibly well and rents have grown, the building is now worth around 1.1M.
3 November 2024 | 0 replies
Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.
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4 November 2024 | 1 reply
Down Payment Assistance: Proposed up to $25K in down-payment support for 1st-time homebuyersMarket implications under Harris include potential stabilization of home prices through increased housing stock, enhanced affordable housing options, reducing competition in rental markets with a greater focus on urban development and rental price controls.Savvy investors may want to focus on affordable housing opportunities and urban renewal projects under a Harris administration.Former President Trump will likely focus on deregulation and private sector growth, emphasizing market-driven solutions and reduced government intervention.