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21 December 2024 | 8 replies
You can target specific people looking to sell their home and tell them that you are an interested buyer.
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24 December 2024 | 23 replies
Scan those lists in the markets that interest you and look to see who the buyers and sellers are.
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23 December 2024 | 9 replies
After we drafted a bare-bones plan that considered their timeline, target rents, and capital reserves, they honed in on a medium-sized complex managed by a local group.. from what I’ve heard, these guys had impressed other out-of-state buyers before and delivered on their promises.
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18 December 2024 | 3 replies
There are many great advantages to being a buyer or seller.
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19 December 2024 | 3 replies
They aren't because 99% of the home buyers and sellers need an agent to avoid costly mistakes.
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20 December 2024 | 3 replies
Quote from @Otto Kinn: Quick preface, I'm a cash home buyer.
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21 December 2024 | 1 reply
I recall reading in Forbes that major foundation fixes can add surprising value, becuase it addresses the single biggest fear buyers have.. a shaky structure.From my three decades in fix-and-flips, Ive noticed how important it is to have a team you trust.. from attorneys who know probate deals to realtors willing to drive for dollars with you, scouting hidden gems.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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18 December 2024 | 0 replies
However, even if we see lower mortgage rates in 2025, as this WSJ article points out, falling interest rates won’t solve all the problems faced by many buyers in current market conditions.What if I’m a buyer?
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18 December 2024 | 3 replies
If it's there, then the buyer should have noticed that.