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27 October 2024 | 6 replies
They know better than anyone.......Oh, and you can also get some of the better deals when buying those properties, as long as you have a good idea of the potential extent and cost of the repairs and plug that (with a healthy contingency) into your proforma.
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29 October 2024 | 0 replies
From there, you need to be competitive with your ad copy and landing page, but that’s a topic for a whole different post.This approach is something anyone can implement, even without extensive experience in Google Ads.
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28 October 2024 | 5 replies
What shows as value to investors when it comes to teaming with realtors , how investors like to be approached, where do you find them at ?
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29 October 2024 | 21 replies
I like just be able to have cash and it not be stuck, yes I'm a wholesalerI would approach this from a personal situation level.
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30 October 2024 | 2 replies
Initially, I was hesitant about buying property due to the potential expenses, but I realized that approaching real estate as an investment could yield the financial freedom I’ve always aimed for.The Start of My JourneyIn December 2023, I decided to devote my spare time to real estate.
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28 October 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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28 October 2024 | 6 replies
A better approach might be to find a REI Association in the area(s) and ask other investors for their recommendations - it's not uncommon to choose a different appraiser depending on the type of property (residential vs commercial MFH vs. office or industrial) and the objective of the appraisal.
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28 October 2024 | 3 replies
This "house hacking" approach lets you live in one unit while renting the others, helping cover your mortgage and build equity more affordably.
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28 October 2024 | 3 replies
If you plan to house hack, I recommend you not to expect any cash flow.Living with friends can work, but it's important to approach it carefully.
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31 October 2024 | 18 replies
Just a difference in opinion / approach.