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2 January 2025 | 2 replies
It seems to me though your short term objective is to get the HOA to take immediate action on the roof.
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24 January 2025 | 8 replies
Purchase price: $550,000 Cash invested: $450,000 6 unit multi-family BRRRR.
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24 January 2025 | 6 replies
Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.
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3 February 2025 | 15 replies
@Derick JenningsRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?
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27 January 2025 | 11 replies
Once I get a few deals under my belt and money is more abundant, I'll also purchase Seth's training.
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24 January 2025 | 10 replies
You can also offer to lease with an option to buy to tie up the property until you are ready to purchase.
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28 January 2025 | 11 replies
The property that you sell and then purchase through a 1031 Exchange must be held for rental, investment (capital appreciation), or used in a business.
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30 January 2025 | 10 replies
Hi Delroy,Congrats on your 2-flat purchase—exciting times ahead!
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10 February 2025 | 31 replies
In that regard, I can guess estimate if they're selling 400K more (after holding for two years), with the kind of remodelling that they make ( lets say 150K), I guess they make 200K net profit.The software is good for "flipping intel" at the very least.I used it for the last three purchase that I had.
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21 January 2025 | 8 replies
I have recently started writing down addresses of run down or abandoned properties that I would like to purchase, but I only have the owner's name.