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24 January 2025 | 10 replies
Whether the seller was open to a buyer commission or not, I wouldn't put an additional cost into any personal purchase.
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17 February 2025 | 24 replies
I would say it depends on the cost of the STR.
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30 January 2025 | 45 replies
The math for investing was pretty obvious to everybody that it would be hard to lose money by buying a home for 50% to 70% of the rebuild cost.
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19 February 2025 | 32 replies
Like any investment, there’s a learning curve—understanding which properties qualify, accurately estimating renovation costs to pass inspections, and managing typical real estate risks.Having a reliable maintenance and management team in place is key to long-term success.
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8 February 2025 | 12 replies
Pyment is $1,054, but $625 is interest.If you sold current house and bought new one with same mortgage amount, but current interest rate of 7%, the payment would be $1,663, interest amount $1,458.So, the interest cost difference would be $833 month!
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28 January 2025 | 8 replies
Their cost basis is about $33k, the agreed upon purchase price is $250K and the expected appraisal might be around $350k-$400k.
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2 February 2025 | 14 replies
Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's.
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28 January 2025 | 3 replies
How much is the rehab going to cost, what's the ARV going to be, and how much will the property rent for?
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29 January 2025 | 3 replies
It cost $38,000 for the framer to take on the risk and do the work - and that does not include the cost of the GC, or architect, or plumber that was also required!)
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29 January 2025 | 10 replies
You won't find a deal where you live for free, but if you can live in a great neighborhood at a reduced cost of living that is a nearly risk free way to get started in real estate.