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26 December 2024 | 4 replies
Also consider contacting houses that look vacant, simply door knocking in a neighborhood that you are interested in and talking to the homeowners in a genuine way, For Sale By Owners is another potential, using an App like Nextdoor or Facebook pages/groups related to local real estate and just telling the group what you are looking for, contractors also know about houses coming on the market soon and so do property management companies, and finally garage sales are a good way to find off-market properties as people prepare to sell.To Your Success!
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26 December 2024 | 5 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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14 January 2025 | 37 replies
Mark, For all your complaints about people not contributing good advice here... you know the people you're invested with are still raising money and the fact that they've paused distributions, for any reason, is highly important information to any potential investor.
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21 December 2024 | 6 replies
Your potential buyer suggesting you terminate the contract and them paying you a fee does sounds fishy to me.
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5 January 2025 | 17 replies
If it's a long-term play, the potential savings on PMI with a conventional loan could be significant.Have you compared rates for both options?
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23 December 2024 | 12 replies
If you discover one that sounds potentially relevant, and you have not explored it - see if you can still get hold of your accountant to ask.
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6 January 2025 | 14 replies
You're right that it's getting tougher to find solid cash-flowing properties ($600 or more) in Grand Rapids, but the appreciation potential of a single-family home or duplex in Grand Rapids would be much better than that of a mobile home.
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28 January 2025 | 48 replies
. -- and they find deals that could be good for all of them - and everyone is helping each otherI think BiggerPockets will be a potentially pretty reliable place - I know that there's different roles, "finders", "buyers", "sellers".... maybe I can just find deals, and connect people together, and get some kind of small finder's fee for it, or something.... ok so that first 10-20k is important to just be able to provide - when getting into this....
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6 January 2025 | 25 replies
@Allan C. is correct in using your high income to quickly get your seed money.Target appreciation: Look for properties in up-and-coming markets or those with potential for renovation to increase their value.
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24 December 2024 | 1 reply
After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).