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30 September 2024 | 12 replies
so much private land has been logged and replanted since then.. in those days we would buy a 40 lets say for 150k take 200k of timber off of it then sell the land on contract for same price then hypothicate the note to pull out more cash rinse repeat.. we also would use our logging roads and staging areas stratigically so when we left the roads were in the right place to do a 4 way lot split and the landings/stagging areas became the building pads.. in the NW permits for logging are not tough.. in those days it was over the counter and there was nothing you needed to do with regard to excavation.. however if I just bought the land and wanted to put in roads and pads then I would have had to get a grading permit and all the survey and engineering that went with it.. its was really something how we did that.. and I miss it to this day.. the other item that made it so profitable was Japan was paying premium for Export quality doug fir logs.. you could get double or more for export logs.
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29 September 2024 | 17 replies
I'll add one more: buy the best quality you can afford at the time.
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28 September 2024 | 6 replies
Would be smaller in scale, less residents per caregiver (better quality of care), and less headache in terms of turnover (would not be considered an eviction).
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29 September 2024 | 5 replies
It will limit the number of people who are interested in your property and you may end up having to rent it to lower quality tenants and / or below market rent.
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30 September 2024 | 16 replies
It is a combination of reviews, pricing, amenities, quality of photos/listing, and CTR (click-through rate).
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30 September 2024 | 30 replies
Step up into the 300k or high as you can and you'll see some great appreciation, quality renters and shorter vacancy periods if any.Sink as little into Dead Equity as possible, write off everything you can and after 5 to 7 yrs, when you click on my website and see: 100% 80/20 680 score, NO DOC Hybrid Option Arm with 1% min. payment rate100% No PMI to $1,850,000100% No PMI- one day out of BK to $1,000,000SELL, SELL, SELL, SELL EVERYTHING!!
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30 September 2024 | 26 replies
Katie,I am HomeVestors Franchise and will openly admit that I wouldn't be where I am today in my REI career if it wasn't for the quality of mentorship that I have received.
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30 September 2024 | 19 replies
After that you can decide on what market/area you want to invest in In order to house hack I'd have to have the type of income to quality for a home and here in my state the home market is between $350k to $600 kMy income would only qualify me for Maybe $150k worth of house.Im unaware how to move forward with a house hacking option at these prices.
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28 September 2024 | 2 replies
Lack of progress or poor quality?).
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28 September 2024 | 4 replies
Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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 Class A property in Class D area, what quality of tenant will you get?