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5 May 2024 | 64 replies
He still asks you for a small fee to make sure that you're a serious buyer and that you're gonna buy his offerings so he can get his fat commissions.
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8 May 2024 | 112 replies
Come on mate, I’ve been in this game for way too long and I’ve seen the manipulation that goes on with many turnkey companies offering finance over the last 10 yearsAnd let’s not even get into the turnkey marketing sales companies pushing as many houses via financing just to get a fat commission on every property soldNot giving two dimes if an investor is solvent, and if they can afford it…
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30 April 2024 | 21 replies
I'm looking through the spreadsheet and I think it's worth mentioning that it's possible to spend a lot less for certain material items as well as labor in many cases depending on how frugal you want to beinterior door with hardware: $5-10 used, $30-50 newwindow: $10-50 used, $100-200 newlight fixtures: $1-10 used, 6 pack flushmount at lowes for $44fan fixture: $24-60 new water heater: $250 newtoilet: $50-90 newsink: $40-200 new faucet: $10-30 newtile: 0.49-2/sqft newappliance: $20-200 each appliance usedmy last rehab was:60 elec permit cost + 300 elec repair (tenant destroyed meter box causing house to be condemned)1600 material + 1500 labor flooring for 1400 sqft500 material + 600 labor spray paint whole house semigloss and patch some large holes$30 for 4 interior doors which I put in$10 mirror for bathroom$100 paint porch, stairs, and stair rail brown$50 fridge, $10 burner plates for stoveI also spent at least a few hundred with help on cleaning and taking out the trash and some other expenses here and there which altogether added up to about 5 thousand.I spent maybe 30 hours over there in total on the weekends.
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30 April 2024 | 21 replies
Myself included, I'm one of the few here with nothing to sell but I've extracted so much info from the forums it'd be a fat lie if I said I'm all give, no take.Best thing to do is not use your real name too.
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29 April 2024 | 32 replies
And were so Tapped financially we had no choice but to put it on a back burner, move into my inlaws basement, and loose our stability, security, and stash.
29 April 2024 | 248 replies
These are just talks we have from time to time on experience with how a GP thinks when sourcing and evaluating deals.For value add I only do very fat deals now to syndicate for single tenant.
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22 April 2024 | 12 replies
Probably 99% of the properties in Texas never redeem....so you get a big FAT government guaranteed 0% interest rate.
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21 April 2024 | 1 reply
Fat fingers, lol!
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21 April 2024 | 47 replies
You're thinking far further steps ahead and weathering the volatility to reap likely more a fat-tails esque reward which likely does happen at the turn of the next inflation wave(not this secondary one coming up).From 08-16 you could do the former, from 17 fwd it's best to the do the latter.
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25 April 2024 | 209 replies
Being a part time agent is no longer a viable "side hustle" because it requires a much higher level of skill to get listings than it does to tell your friends "work with me, it's free, sellers pay me"I love it.You can tell by the lack of response’s to this thread just how dominated by agents bp has become 🤣 Cutting the fat bro, it's gonna be good for those of us who operate on an elite level.