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30 January 2025 | 48 replies
Pick 2-4 locations, get no more than about 6 deep in any but no less than 2 deep.
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22 January 2025 | 12 replies
We also dig into their paystubs on a deep level.
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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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20 January 2025 | 1 reply
- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.
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22 January 2025 | 2 replies
(So unless they sell for much more than they paid they will only get a small percent of their down back, especially after selling costs,) but you did say they were getting a discount.
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4 January 2025 | 7 replies
To me I'm not seeing this as clearly as those who are deep into the BRRRR philosophy.ELI5Also, the rehab part gets old after a while...rehab and maintenance never ends.
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17 January 2025 | 3 replies
BPRE: is great when it’s problem solving and good when deep diving on a strategy.
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20 January 2025 | 1 reply
It is a common concern, I think if you are writing competitive offers then you can request a discount.
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31 January 2025 | 8 replies
If they're going to force an eviction, I would want either 1) to just wait until it's done and keep extending the contract (if you're in no rush at all) or 2) ask for a substantial price discount to deal with it yourself.
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24 January 2025 | 10 replies
No kidding we just get them to discount the price by our commish..