20 December 2024 | 3 replies
You need to research/know the rules, laws and regulations (including HOA if applicable), like you'd do in any US city.
20 December 2024 | 4 replies
I will definitely do my research.
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21 February 2025 | 250 replies
One day I decided I’m gonna do just a tad bit of research not a lot just a little and see where things actually are.
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23 December 2024 | 24 replies
This is something you will, as you already are, have to continue to research and plan out meticulously
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19 December 2024 | 11 replies
Have you made a research on house prices, rehab costs, time on the market to sell and etc?
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18 December 2024 | 3 replies
I’m undecided between Blake Choisnet, Nate Barger and Sam Primm.I’ve researched all three extensively and get good vibes from all three.
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19 December 2024 | 1 reply
I am doing my homework and research.
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19 December 2024 | 13 replies
I'm David and I have been researching real estate investment opportunities on my own for quite a while now.
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20 December 2024 | 9 replies
I’d be happy to help you analyze some deals, research the market or answer any questions you may have.
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22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.