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15 October 2024 | 5 replies
Haven't had to worry about this yet but I hear it makes it impossible to evict if you accept even a partial payment so I'm glad I can choose my settings to only accept full payments•I can set up rent disbursements from different properties to go to different bank accounts for bookkeeping purposes that's niceCons•My only big complaint is that I cannot set up a general application link, I have to use the RentRedi portal to send an email to "invite" individuals to apply one-by-one.
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18 October 2024 | 37 replies
but it sounds like your mind is made up on this mentor.. flipping right now is a pretty tough gig for a beginner depending on market. very low inventory then sky high rates for your buyers. so use caution be careful also make sure you have a GREAT RE Broker who knows the values and what you should and shouldn't do in the rehab to maximize your returns. these things are very market specific U simply need to make sure your matching what is expected in the market you choose..
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14 October 2024 | 8 replies
Your big box banks have very limited programs for you to choose from and bad rates and surprise points.
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14 October 2024 | 3 replies
Network with them to understand areas most students choose to live.
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13 October 2024 | 2 replies
The carrier that has less exposure but chooses to be in that market may price their coverage higher because of greater uncertainty/ less predictability.
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17 October 2024 | 47 replies
is an add on that scrapes creative deal leads from an areas of your choosing FSBO and Expired leads.
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15 October 2024 | 10 replies
Lenders can choose to require a HIGHER score, but they can't allow a lower score if it'll be backed by Fannie/Freddie.
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14 October 2024 | 14 replies
Welcome @Rebecca Morris,These are the 10 first steps I would recommend to get started in REI (real estate investing):1) Educate Yourself: Read books, take online courses, and attend seminars about real estate basics, market trends, and investment strategies.2) Set Clear Goals: Define what you want to achieve in real estate—whether it’s buying a home, investing in rental properties, or flipping houses.3) Choose Your Niche: Decide if you want to focus on residential, commercial, or industrial real estate, or perhaps a mix of these.4) Research the Market: Analyze your local real estate market.
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16 October 2024 | 10 replies
After rehab, the ARV is projected at $320k, which could yield $55-65k in profit from a flip (after taxes), or a ~5% cash-on-cash ROI if we choose to BRRRR.
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14 October 2024 | 24 replies
If you're wanting to put it into real estate, then choose a custodian like Advanta, Provident, Nu-View, Quest, etc that will allow you to truly "self-direct".