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28 November 2024 | 184 replies
Whoever gave this person “women of the year award” should be sued for doing zero due diligence on this person I agree, please report that organization which is POWER magazine
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17 November 2024 | 2 replies
Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.
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16 November 2024 | 12 replies
I'd plan to save any profits each month for future CapEx, repairs, vacancy until we had ~20K for this house set aside.
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9 November 2024 | 5 replies
I'm curious if you have considered approaching local non profits that might want a private partner.
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20 November 2024 | 15 replies
This is important because right now we could probably make around $200 profit after all mortgage payments, insurance, etc.
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18 November 2024 | 6 replies
The strategy involves using the HELOC for a flip to generate fast cash, reinvesting profits into long-term rentals, or exploring alternative ventures like short-term rentals or partnerships.
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16 November 2024 | 6 replies
My thinking is this leaves me with two paths: A) Best case is I pick up the foreclosure for $1M, immediately list it for sale at $1.6M or more and hopefully sell for a > $500K pretax profit.
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15 November 2024 | 1 reply
The property cash flowed roughly $250 a month for 3 years and sold for a profit of roughly $80K.
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20 November 2024 | 11 replies
Reduce the price, make the sale, split the profits, and re-start your life.
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12 November 2024 | 15 replies
Where do I find the stats/analytics to compare if it would be more profitable to buy storage units/qualdruplex/residential, for example.