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23 January 2025 | 8 replies
.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less wear and tear while fixed costs like cleaning and painting are easier to absorb.
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17 January 2025 | 3 replies
We can't risk a client sending an unlicensed or non-qualified contractor into the property as we share liability for that.
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20 January 2025 | 6 replies
Great that you have experience rehabbing.
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11 January 2025 | 6 replies
In addition you are sharing with cellular network, which gets priority.
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24 January 2025 | 4 replies
I am in it and feel it is worth it as they have groups all over the country who, with experience transaction coordinators and funding groups, and even closers to help you along the way.
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9 January 2025 | 21 replies
I don’t have any direct experience with retirement accounts as I never opted to use them so I could keep cash available for investing now.
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31 December 2024 | 0 replies
In 2023, we sold it for $245,000, achieving a strong return and leveraging the experience to fuel future projects.
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28 January 2025 | 8 replies
You'll most likely still need a coborrower at first, but may be able to refi them out of the deal in a year or two once you have qualifying experience and operating history - then you can likely use all of the rental income towards your gross income.
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29 January 2025 | 18 replies
We have clients and investors on an almost daily basis, however, most of my wholesalers are from out of state so I am unable to give them a tour and share the machine of REI Nation.