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27 January 2025 | 18 replies
You have to have confidence and the Sponsor needs to build a relationship with you if he wants to be sure you have some insights into the risks of the types of deals you would be funding.
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14 January 2025 | 11 replies
I would be happy to share my experience in knowledge in this area (MA and RI) as I continue to look to build my portfolio.
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17 January 2025 | 13 replies
Not sure if you staged it, but I did my homework early on when I first started so I know my pricing and I build it into my deals.
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7 January 2025 | 20 replies
Hi John,Welcome to the world of real estate investing—it sounds like you’ve got an amazing foundation to build on, even if you’re just starting out.
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9 January 2025 | 28 replies
However, the road block I face is getting to a point where I think it’s an “ok” deal (meaning it’s not fulfilling the 1% rule, but more like 0.75% and little to no immediate renovation cost/typically a new build townhome) and then I start to question whether I could find a BETTER deal if I just keep looking.
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4 January 2025 | 5 replies
Owner occ developments there is no value associated to the income approach so these props generally speaking will appreciate a lot more as the neighborhoods are much more desirable. builders the last thing they want to do is sell to investors if they are creating owner occupied communities.. rentals degrade the neighborhood and they will be sabotaging their own values to allow a bunch of investors to buy and rent out in their communities.So when you buy new builds keep in mind if its a build to rent community they will NOT appreciate like owner occupied neighborhoods.. might be best to find something already 3 to 5 years old where the stigma of renters dies down.. that would be best to protect your investment.
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8 January 2025 | 0 replies
Purchase price: $214,000 Cash invested: $180,000 Sale price: $550,000 Old VFW building What made you interested in investing in this type of deal?
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7 January 2025 | 12 replies
That way, you can get your foot in the door, start building equity, and stay at home a bit longer to save more money.You could also consider the BRRRR method where you buy a fixer-upper, rehab it to add value, rent it out, and then refinance to pull your cash back out.
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19 January 2025 | 5 replies
You will need to build the relationship.
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5 January 2025 | 2 replies
Brian,All good stuff sounds like your building a Good Network and team.