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3 January 2025 | 26 replies
Any flat fee agents are not with the larger local agencies that have the market share of the listings and buyers.
24 December 2024 | 2 replies
Remember, turnover is one of your most expensive costs, so try to eliminate downtime and repair costs by doing it right the first time.What are your tricks when it comes to renovating or maintaining rental property bathrooms?
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21 December 2024 | 1 reply
Purchase price: $260,000 Renovation is complete and currently running this as an AirBnB/Mid Term Rental What made you interested in investing in this type of deal?
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21 December 2024 | 3 replies
Hello everyone, I have recently gone under contract on a property and was able to agree to a private loan with a family member to purchase and renovate.
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26 December 2024 | 13 replies
I want to refurbish the entire house, including a complete kitchen and baths renovation, add an addition on the east side, new roof and siding, new flooring everywhere, paint inside and out"Then ask the GC to go over and put this into a more formal document.
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25 December 2024 | 12 replies
Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.
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21 December 2024 | 1 reply
I think it should appraise for at least 600k and think 650k is reasonable.It’s fully renovated and fully leased for $5,200/month.I’ve reached out to banks to see if I could use cross collateral to be my equity contribution but at least so far they’ve also wanted 10% cash.I’d like to avoid coming out of pocket with cash.I was wondering if you had creative ideas on how I might be able to get this financed 💗
19 December 2024 | 5 replies
I know some investors who are interested in larger multifamily and encourage me to go find the deals, which makes me really eager to try to get after it.
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26 December 2024 | 10 replies
Second, even in countries that do allow foreigners to buy investment properties relatively easily (like Spain), you typically have to come up with much larger down payments (like 40%+) as a foreigner.
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16 December 2024 | 11 replies
I don't do large rent increases (like $200) because I don't want a unit turn but my rent is in the market range.