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27 December 2024 | 16 replies
They can help assess the market value of the property, considering its condition, and suggest the best sales strategy.Direct to Investors or Wholesalers: While 'we buy ugly houses' companies often offer below-market rates (as they typically look for deeply discounted properties), reaching out to local real estate investors or wholesalers could be a worthwhile option.
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11 January 2025 | 31 replies
So if the opening bid is 600k you need 600k in cashiers check typically I know out west here you cant bring a personal check I have beat others out when they thought they could just write a check and I presented my cashiers check.
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2 March 2025 | 103 replies
But I was funding these houses his students were buying for 75 to 100k each Armando and his crew would do the typical tk profits of 15 to 20k each house..
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23 December 2024 | 15 replies
Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan.
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21 December 2024 | 14 replies
If so you may have some full doc options which have the best rates typically and terms.Like others have mentioned you have DSCR loans too but this only allows you to purchase non owner occupied properties (not primary residence or second home occupancy type properties).
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24 December 2024 | 5 replies
All the other fancy ways people try and get creative with owning something typically only costs you money and provides zero benefit.
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27 December 2024 | 19 replies
Typically the quality of applicants in the winter months drops substantially as well.
19 December 2024 | 5 replies
Look at rent growth trends, vacancy rates, and the area’s economic drivers.
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24 December 2024 | 4 replies
So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.
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23 December 2024 | 0 replies
A six-month supply is typically considered a balanced market.