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26 December 2024 | 4 replies
Zillow also hs a "Make Me Move" feature you can click on to see home owners listing their property in hopes of a good offer.I have also seen peopl reach out tp local AFL Assisted living facilities to talk to the Admin or on boarding nurse to see if ay families or people need to sell their home to cover costs.
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29 December 2024 | 8 replies
You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.
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4 January 2025 | 25 replies
Nothing to get crazy about but no need to deal with tenants, property taxes, repairs, vacancies, etc. just sit back and collect.
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4 January 2025 | 4 replies
Okay, let's allocate $1500-$2,000 for this repair that will need to be done.
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2 January 2025 | 14 replies
Additionally, you may wish to speak with a CPA as to whether or not becoming an S Corp is the right decision – they can assist with reducing self-employment taxes.
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9 January 2025 | 44 replies
to BRRRR something, you need a goldilocks property - something distressed enough that it can be bought substantially below market, but not so distressed that it can't be repaired.
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30 January 2025 | 45 replies
There's not many tools in the box to repair many years of poor policy i.e.
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5 January 2025 | 18 replies
I find that cash flow is very important so that I don’t have to come “out of pocket” to pay for major improvements / repairs
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2 January 2025 | 1 reply
The second property will need 25k in repairs, and rent for 1350-1450 monthly.1.