
19 February 2025 | 171 replies
Its hit or miss.If someone wants to still invest with Grocapitus, not my problem. i do want to highlight that people selling these will just claim they knew things were wrong and now they have corrected.

26 December 2024 | 0 replies
Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lenderHow did you add value to the deal?

27 December 2024 | 0 replies
These experiences highlighted the need for thorough inspections and budgeting for contingencies when tackling older properties.

24 December 2024 | 2 replies
It really highlights the value of having strong partnerships, effective marketing, and a sharp eye for profitable properties.One takeaway here is the importance of leveraging connections and networks to identify similar quick-turnaround opportunities.

2 January 2025 | 18 replies
However, if you've picked up on signs of potentially problematic behavior during your interactions, you might be able to highlight them by adding “good tenant conduct” to your list of standards.

1 January 2025 | 12 replies
I am attaching the contract with highlighted section about this.

27 December 2024 | 2 replies
Those highlight reels rarely show the hiccups, and from what I read in Forbes recently, a lot of seemingly ‘perfect’ deals are just good editing and timing.Before jumping in, I’d think about whether the deal has amoung enough cushion and what your backup plan is if the project drags on.

2 January 2025 | 32 replies
Could you highlight a few ways that using DealCheck could augment what we are doing on BP Pro?

27 December 2024 | 2 replies
This provided a substantial return on the initial investment and freed up capital for future projects.Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45%Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)With a 40% expense ratio, the DSCR is approximately 1.45.

4 February 2025 | 87 replies
Then you criticized @Jonathan Greene because his posts highlight services that he provides.