Julie Muse
E Holland Ave Flip: Big Profits in Fresno with Seth Choate!
2 July 2024 | 0 replies
The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.
Dave Meyer
Door count is a terrible metric. Please stop using it.
7 July 2024 | 89 replies
I agree with your evaluation of quality, quantity, and potential of greater gains by leveraging management experience to maximize profit on greater door count.
Corey Byrum
Finance and Renovate Investment Property
3 July 2024 | 3 replies
I'm willing to leave the property empty for a year to take advantage of owner occupied loans, if that's possible.Here are my estimates..Property: 1,355 sq ft, | 3br 2bath | 8,500 sq ft lotComps / ARV: 500-560k ~ 530kTotal Needed: 340-400k ~370kSale Price: 270-310k ~ 290kRenovations: 70-90k ~ 80kSevere cleaning needed (doing myself)Severe landscaping needed, it's a jungleI'd like to maximize potential value and be at the top of in-area comps, so would like to do a full gutCash on hand: 20k - 30k------------I'm considering,- Seller financing + separate renovation loan- FHA 203K (BRRR)- Fannie Mae Homestyle Renovation (if down payment is below 5%) (BRRR)------------Seller Financing + Separate Renovation LoanPros:Low down payment (via seller willingness) <= 3%Low interest rate (via seller willingness) <= 3%Cons:I'm unaware of how I can finance rehab without a personal loanMust cash-out refinance to obtain equity, conventional loan rate will not be as good------------FHA 203KPros:Low down paymentBundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------Fannie Mae Homestyle RenovationPros:Bundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------I may be totally off on what would be optimal here but wanted to provide my current thoughts.
Kyle Peters
New to real estate investing and excited to get going!
2 July 2024 | 3 replies
Maintain discipline in property management and consider tax planning to maximize tax benefits.
Kevin Del Valle
Need some guidance
2 July 2024 | 10 replies
It seems like you have a fantastic chance to maximize the space in your existing house so that you can earn rental revenue.
Account Closed
How to do wholesaling RIGHT? In Maryland/East Coast and Nationwide.
3 July 2024 | 20 replies
Their earnings are directly tied to the value of the properties they sell, which can lead to a focus on maximizing profits rather than considering the long-term implications for the market or the needs of buyers and sellers.On the other hand, wholesalers earn their income through the practice of buying properties at a discounted price and then selling them to investors or other buyers at a higher price.
Steven Garza
Good ARV Percentage To Offer On Flips
1 July 2024 | 3 replies
A fix and flip calculator is an essential tool for real estate investors aiming to maximize their profits.
Noah Bacon
What prompted you to look for a property manager?
1 July 2024 | 0 replies
Many of us get frustrated self managing and seek a property manager for various reasons.For me, it was a combination of problem tenants for one of my properties, then a few months later I moved across the country and came to the conclusion that hiring a full time PM would be my best course of action to maximize efficiency on my properties.
Nadia Daggett
Buy in a buyers market or wait for interest rates to go down and prices to go up?
3 July 2024 | 24 replies
This approach is perfect for using private financing initially and then doing a DSCR loan later to maximize their investment strategy.
Julie Muse
Owens Creek Rd Quick Flip: Profitable Partnership in Catheys Valley with Seth Choate!
1 July 2024 | 0 replies
The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.