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15 January 2025 | 8 replies
It's powerful software, and it will make running your business easier in the long run.
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29 January 2025 | 3 replies
Do you have a total price range you're looking for, or maybe a cost/door?
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25 January 2025 | 3 replies
Evicting them, even after purchase, could be a lengthy and costly legal process.
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24 January 2025 | 3 replies
You magically get the seller to cover every single closing cost (A $12k gift, or a trick to get you to buy their problem.).
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23 January 2025 | 15 replies
I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...
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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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13 January 2025 | 5 replies
This means no DTI, personal income verification, or tax returns are required.They’re also becoming a powerful tool for BRRRR investors during the refinance stage.
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10 February 2025 | 30 replies
It's great for cashflow and our entry level costs are lower than a lot of other markets.
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17 February 2025 | 10 replies
My last transaction is up ~$1M above costs.
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13 February 2025 | 95 replies
Those costs are a lot higher than you might expect.