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20 June 2024 | 13 replies
Make sure it’s structured correctly for tax efficiency and legal protection.
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20 June 2024 | 27 replies
Indiana: Pros: Efficient eviction process, low property taxes, and a low cost of living which can translate to good cash flow properties.
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19 June 2024 | 18 replies
- Replace the flushing mechanism about 20 bucks or replace the toilet with a water efficient one if holding long term.
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18 June 2024 | 9 replies
Hi Alejandro - I would say Spring Branch, The Heights, Energy Corridor, and Memorial City area do have some good investment properties and are definitely showing substantial appreciation in the future with the all the growth happening!
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17 June 2024 | 13 replies
I plan on attending some other county auctions this year and branching out from just Charleston.Overall, though, I don't think its an efficient way to obtain properties.
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18 June 2024 | 17 replies
For the most part, the closing process was streamlined and efficient.
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19 June 2024 | 18 replies
Hey mate,Thick skin is needed on this forum and in business in general 🤷♂️I just posted something similar on another thread and the best advice I can give is spending enough time finding the right people on the ground before looking at the prospect of a market or a deal.Especially when doing BRRR out of state which is a very tough gig IMO.You can find the best market, with the best growth potential, find the best deal with the best cashflow but if your realtor isn't genuine, your property manager is incompetent and your contractor is a cheat.You will loose money.Also, underestimate your income and overestimate your expenses on every deal and business opportunity.If you think it won't happen to you, I can tell you right now that it unfortunately will...I've completed hundreds of flips and rarely come in at budget from a rehab standpoint.So keep that in mind.Appraisers are a joke and easily manipulated.They follow weird data and many want to cap you intentionally (No idea why...) on the ARV.They play it safe and can see how much you paid and what you spent on rehab so they will cap the value and come in under fair value on many appraisals.I stopped dealing with selling to investors looking to finance many moons ago as it wasn't efficient from a business perspective and I'm not in the business of using "in-house" lenders and manipulating appraisals like many others do.
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18 June 2024 | 53 replies
At the end of the day, it's a better use of your time to move your focus and energy elsewhere.
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17 June 2024 | 17 replies
The net return on time and energy could exceed taking the project to completion.
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13 June 2024 | 6 replies
Before determining what kinds of energy improvements to make I would first look at what you are working with and why you want to improve the energy efficiency. 1.