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22 November 2024 | 4 replies
If you are getting a true turnkey home that hit's the 1% rule there's a very high probability you are in a more challenged area where the residents aren't as consistent over time.
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22 November 2024 | 6 replies
@Keonhee ChoThe Austin area presents challenges in finding properties that cash flow, especially with BRRRR, due to high property prices and rising rehab costs.
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22 November 2024 | 12 replies
Understanding tenant rights, maintenance responsibilities, and potential challenges will prepare you for the realities of being a landlord.
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18 November 2024 | 14 replies
Next in this environment you may be challenged to get $10k rent on $1.3m property.
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19 November 2024 | 24 replies
In the current environment, my under writing (that most would consider to conservative) depicts large negative cash flow after a maximum LTV refinance.- cash out refi loans have higher rate than if cash out was not occurring.
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12 November 2024 | 4 replies
It's very helpful to se the real challenges you've encountered across different markets- especially your point on finding qualified subs and staying away from high-rate lenders.
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21 November 2024 | 12 replies
Keep in mind that if issues arise and you decide to sue someone, it may be more challenging to take legal action against the wholesaler and hold them accountable for their actions.
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21 November 2024 | 14 replies
Refinancing could be a challenge if your score hasn’t improved by then.
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27 November 2024 | 48 replies
If you are still very prone to analysis paralysis, turnkey might be the better first choice as a BRRRR is likely to present you with more challenges and decisions to make.I don't know you well enough to know which will be best suited for you.If you have a good team you can rely on for the BRRRR, that will always get my vote.