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9 November 2024 | 23 replies
For instance, a property in Windsor Terrace purchased in the year 2000 for $140k is now worth $1.2 Million, conservatively.A more recent purchase, a Brownstone I purchased in 2015 for $900k and renovated for $300k, so all in for $1.2k is worth $2 Million now.Do keep in mind that past performance does not indicate future performance.However, these kinds of numbers are very typical from 1998 to now.When I was teaching, I used to ask my Investor Students, "What is a Bargain?"
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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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.
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6 November 2024 | 7 replies
The beauty of CA is the lenient ADU laws, the downside is the the entry point to get in.
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7 November 2024 | 22 replies
He has two performing parks already in Nebraska.
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13 November 2024 | 22 replies
So the question for her to decide is do I want to continue investing my retirement in wall street or do I want to move some/all the funds into alternative assets like real estate that can far out perform the stock market.
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7 November 2024 | 30 replies
That should attract a savvy renter that performs well because they want to protect their credit or the large deposit.
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8 November 2024 | 8 replies
Quote from @Jay Thomas: @John Clark already did but the lien will fall off during forclusure.Once the foreclosure has gone through and the sale confirmed, you should be able to get the money back from the seller’s agent because the contract will be impossible to perform.