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6 January 2025 | 25 replies
Hey @Marie Copul, since you want to leave your job, I recommend focusing on a high cash flow business model within REI to begin with before getting into the lower cash flow (wealth building) models.So, flipping and wholesaling are the typical high cash flow models within REI.
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23 December 2024 | 15 replies
Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan.
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24 December 2024 | 5 replies
All the other fancy ways people try and get creative with owning something typically only costs you money and provides zero benefit.
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27 December 2024 | 16 replies
They can help assess the market value of the property, considering its condition, and suggest the best sales strategy.Direct to Investors or Wholesalers: While 'we buy ugly houses' companies often offer below-market rates (as they typically look for deeply discounted properties), reaching out to local real estate investors or wholesalers could be a worthwhile option.
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1 January 2025 | 36 replies
I know not typical on here to have such a little amount in loans but we enjoy great cash flow that we live on, have lots of flexibility in what we can do and have no concern about making payments if the economy were to take a dump.
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24 December 2024 | 4 replies
So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.
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23 December 2024 | 0 replies
A six-month supply is typically considered a balanced market.
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25 December 2024 | 60 replies
Now the value set be appraisers typically is coming in between $50k and $100k I invite you to search BP or create a post determining values that appraisers are giving to ADUs.
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22 December 2024 | 2 replies
Our biggest climate risks in central Texas are typically wind and hail, so anything of concern regarding the roof could get an applicant declined including trees too close to the roof surface, roof over 10 years old, etc.
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27 December 2024 | 19 replies
Typically the quality of applicants in the winter months drops substantially as well.