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4 February 2025 | 7 replies
Can anyone recommend any sites, courses, videos, or books to purchase so I can prepare for the test?
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27 January 2025 | 7 replies
Quote from @Enrique Toledo: I came across a really good seller financing deal and I would like to purchase it as my first deal but I don’t have enough money for the down payment.can I use a lender of some sort to give me money for the down payment?
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29 January 2025 | 9 replies
I am a rookie investor hoping to purchase my first property within the next 90 days.Kwanza Hi Kwanza,The first thing you'll need to decide is whether or not you want checkbook control of your self directed IRA.
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16 February 2025 | 24 replies
I plan on moving forward with purchasing my first property and starting a portfolio locally -before the year is over..
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5 February 2025 | 16 replies
- Look into if property taxes are reassessed after purchase.
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8 February 2025 | 14 replies
Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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2 February 2025 | 6 replies
Purchase price: $129,000 Cash invested: $5,000Condo we lived in and fixed up.
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24 February 2025 | 37 replies
Someone who can't save up for a new purchase every year but still has a lot of desire for growth in their area of expertise.
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28 January 2025 | 12 replies
If you are looking to just calculate profitability, set how much profit you want to make then:ARV - Purchase Costs - Holding Costs - Selling Costs - Desired Profit - Rehab Budget (including contingency) = Maximum Allowable OfferIF you cannot calculate those numbers, a spreadsheet isn't going to help you.
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6 February 2025 | 7 replies
You can purchase them through a local dealer that has a good track record in the community.At this time our cleaners take care of the hot tub, but I will say if you have a certified hot tub company that can come weekly, I would definitely go that route!