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10 June 2024 | 49 replies
Until advanced I highly suggest getting the physical book because ideally you will come back 2, 3 times to each, and pickup more each time.
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13 June 2024 | 25 replies
Not every existing multi-family is an ideal candidate for condo, but usually it is worthwhile and the sale prices of the individual pieces far exceeds the total un-condo value.
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10 June 2024 | 1 reply
If the right property is not actively listed, on average I'd say it takes a maximum of 60-180 days from intro for the ideal prospect to present itself.
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9 June 2024 | 10 replies
Ideally you'd want within a few blocks, maybe no more than half a mile for the comp to be accurate
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8 June 2024 | 5 replies
@John Cava While the ideal time to get unbiased professional insight is before the transaction, getting such advice can still be very impactful at this point.
8 June 2024 | 11 replies
When looking at this you should focus first on the ARV though you may not think on selling that will give you an understanding if you will have a return After the rehab.Then you look at the cap rate, this is important for the long time investing and It will depend on what you are looking for (Long Term return, cash flow).An last is cash on cash that will help you to get an idea on how your money is working.Dallas is a hot market for investors and these are the numbers that I am seeing:ARV: ~80% (Ideal this Number should be 70% to 75%)Cap Rate: ~5% to 6% (Ideal this Number should be over 7%)ConC: ~4% (Ideal this should be 6%)Trying to get the ideal number could take you a while.MF with 2 to 4 are completely different than 6, 8 and above.
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8 June 2024 | 21 replies
, what made you feel secure taking the leap with hard money and going after that first flip.Partnering with an investor or doing seller financing would be ideal, but I'm still growing my network by cold calling other investors and real estate agents and attending local events.
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8 June 2024 | 5 replies
The ideal scenario then is to rent out the middle unit + garden unit together as a duplex down.
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10 June 2024 | 40 replies
@Corbin HiblerSome jurisdictions will allow repairs to be rolled in when its main sewer repairs - unlikely but you can ask.Have you considered refinancing the first to get $ out - probably not ideal but an optionLast option is to sell the property.
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10 June 2024 | 39 replies
I put my 10% down, and am looking to insure the property while I deal with current owner residents.