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3 December 2024 | 1 reply
We found this lead through SMS marketing targeting tired landlords.
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5 December 2024 | 11 replies
I'd say forget the AI buzzword hype and go back to programming something useful based on real transaction-level data like below (that can help you with any deal you find, from whatever source you have).Sales Comps & ARV estimate:Market Stats:AI won't be able to provide you anything close to this, nor does the RedFin/Zillow market data drill down into the market as deep as I do here.Additionally, if you understand how the leading LLM's work based on a black-box floating point matrix, you just can't trust their conclusions like you can with your own program.
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4 December 2024 | 12 replies
For some reason I think that this will lead to problem guests.I just don't see the need and I have never been asked.Frankly, good photos and maybe a plan layout should be sufficient.
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6 December 2024 | 13 replies
Having a tangible property to discuss often leads to a much more constructive discussion.
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7 December 2024 | 9 replies
This will usually lead you directly to low barrier stagnant markets where the cash flow represented in your spreadsheet does not transfer to reality and the most of the equity is "paper equity" because you will never see it materialize yet many look at completing the BRRRR as the ultimate success.I recognize I am using some assumptions but let's assume you have $100k to invest and purchase and renovate a home in MARKET A for $400K but once renovated the home is worth $500K.
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6 December 2024 | 4 replies
My home has 2 private streets, one that leads to my driveway and the other that goes up the side of my property that I park some of my vehicles (because you can never have too many vehicles) and is an easement to other properties.
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4 December 2024 | 17 replies
Or rental demand could be poor leading to higher than norm vacancies.
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3 December 2024 | 8 replies
Enjoy the process, and may your journey lead you to a rewarding and successful outcome!
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5 December 2024 | 20 replies
Jumping into a deal just because it feels like you "need" to can be tempting, but as your story highlights, it doesn’t always lead to the returns we hope for no matter how hard we try and convince ourselves that we know everything, it is like the universe pushing the other way around against us.I especially appreciate your point about really knowing your market.
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3 December 2024 | 4 replies
You can learn to do this independently or get a rockstar REALTOR to lead the way.