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9 January 2025 | 116 replies
Typically the banks that say they can get it done in a few days I havent had luck with when getting creative as they underwrite the easy deals quickly.
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1 January 2025 | 12 replies
@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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8 January 2025 | 8 replies
The better value add deals will typically be off-market. 3.
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20 January 2025 | 37 replies
Instead of 40 houses cash flowing $200 each or $8000/month, you buy 10 houses and pay them off for a cash flow of $10,000/month with 1/4th the headache.People don't understand the amount of time, energy, and stress involved with managing a lot of doors, especially if they are lower-class properties typically needed to generate cash flow.
1 January 2025 | 24 replies
@Venecia BaezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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5 January 2025 | 17 replies
They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).
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13 February 2025 | 123 replies
Hey,I was asked what a typical Gator Method deal looks like recently.Each Gator deal I do is different in some way, but here’s how a recent one played out.It was with someone who’d already found a property AND they’d got a buyer for it.I didn’t have to do ANY of that work.All they needed was the earnest money for the deal which is why they reached out to me.We talked on the phone and agreed on my rate for the investment.I then sent him the paperwork and wired the money.Simple.And the result?
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4 January 2025 | 7 replies
I give these threats no thought because 1) my actions are appropriate 2) i document well 3) they have yet to follow through with any of these lawsuits 4) typically their ignorance is apparent in what they are threatening to sue for.
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5 January 2025 | 17 replies
Larger homes typically command higher prices.4.
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2 January 2025 | 36 replies
The down payment requirements are also steeper, typically 20-25% for investment properties.