
8 January 2025 | 10 replies
The other key to me taking out the loan is that I have enough reserve cash that if I lost my job I could pay the money back right away.

5 January 2025 | 9 replies
Putting in place policies and systems to handle that will be key otherwise you'll always be working or at least be on-call.

4 January 2025 | 4 replies
Unfortunately, while all the online places area great sources of information, you are much less likely to take action, or find someone to shadow, when online in a forum.

8 January 2025 | 7 replies
Used what I know from wholesaling to come up with the estimations The numbers is used are based on a these assumptions:- Cost to build* (2024) = 150/sqft National average, 141/sqft Tennessee Average (Source: Houzeo https://www.houzeo.com/blog/how-much-does-it-cost-to-build-a-house-tennessee/#:~:text=The%20average%20cost%20per%20square,idea%20of%20the%20construction%20costs.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.

4 January 2025 | 18 replies
I’ve had a great experience with Brian Hartsell at key properties for my vegas properties.

6 January 2025 | 13 replies
Negotiating seller concessions, networking with local investors, and learning property management skills have been key to finding deals with strong long-term potential.Good luck!

9 January 2025 | 9 replies
you also need to source the property, and for BRRRR you need a goldilocks property - something that is distressed enough that you can buy substantially below market, but not so distressed that it's not worth fixing up.hope this helps - happy to help further

6 January 2025 | 4 replies
And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

5 January 2025 | 4 replies
In the past, I've found both to be good sources of information for market insight and referrals.

7 January 2025 | 6 replies
The key is to identify personal property from real property.