John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
Typically, as I'm searching for further acquisitions, I don't even consider deals that won't return at least a fast 300%, with no further CapEx, just by clipping-and-flipping.
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
That helps some...but your variable expenses also go up too - property insurance & taxes - so a lot of your rent increases go to offset rising variable expenses.I started at the age of 47 in 2018 and we bought properties fast and furious - 12 the first year, 10 the next, and 9 in 2021 and currently have 38 properties.
Jeremy Beland
Timing is Everything
24 December 2024 | 1 reply
But Dylan, knowing how fast-paced the real estate world can be, answered.It was a distressed seller desperate to sell their home immediately.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
Hard money loans offer fast approval and don't risk personal assets but come with high-interest rates and fees, which can be tax-deductible as carrying costs.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
20 January 2025 | 14 replies
In mid February, many tenants get caught up when they start getting their income tax refunds (depending how fast they file).Income tax refunds also give tenants the needed funds for first month of rent + security deposit, so they can move.Check out this graph, which was created from tens of thousands of data points:Regarding your property, suggest the following:1) Where specifically is it being advertised?
Nicholas Haubner
4-family to 5-family with owner occupied unit
4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
Tara Montgomery
Emergency Sale Ideas
30 December 2024 | 4 replies
Homeowners will always pay more than investors, and the easiest way to get the property in front of the masses fast is to list it.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
21 January 2025 | 101 replies
I need to be doing BRRRR thats the only way to scale somewhat fast.
Jerry Zigounakis
Best Growing Markets To Invest In
23 January 2025 | 11 replies
Next, I would look into where you can find the 1% rule (aka positive cash flow) and fast appreciation.