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15 December 2024 | 15 replies
I am above 50% on standard Visa/MC, below 50% on Amex, and about 0% with anything that is like a local credit unions.
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10 December 2024 | 8 replies
Buy good quality things once rather than poor quality and pay multiple times to replace it.
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13 December 2024 | 20 replies
You should also be aware to make sure what was provided does or does not meet industry standards.
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20 December 2024 | 28 replies
Also make sure you have quality insurance with an umbrella policy.
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13 December 2024 | 4 replies
You can also sell them on sites like paperstac, debexpert or others as well as brokers like Mission Capital, Rams or Phoenix.Depending on quality of paper and interest rate will determine sales price - also I would say self servicing can have a negative impact on the sales price as the major players in the space are not fond of self servicing.
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15 December 2024 | 7 replies
The Standard wholesale process is that you get the property under contract and that contract states that you have the right to assign it.
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10 December 2024 | 0 replies
We were able to get standard mortgage financing How did you add value to the deal?
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9 December 2024 | 9 replies
------------------------------------------------------------------------------------------------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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10 December 2024 | 16 replies
I have mine really nicely furnished with good quality furniture and high end finishes (quartz, stainless steel appliances).
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11 December 2024 | 7 replies
It still can attract quality tenants while cash flowing monthly.