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11 November 2024 | 16 replies
Quote from @Grayson Grzybowski: @Crystal SmithThank you for taking the time to provide your insight on the questions I have asked.For your introductory statement, I understand this is how debt should be used. 1) I have already went out of my way to ask for as high of a limit as I can just to have it on stand by. 2) I am trying to build value into our home to increase the equity faster so I can utilize it as leverage in time. 3) I have already reached out to a lot of different investors and have their terms & conditions at hand.
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11 November 2024 | 12 replies
Most off market purchases cannot easily be comped with mls properties that comparatively have no risk and are in much better condition).so …Pay for a fixed fee mls listing with the property already under contract.
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8 November 2024 | 2 replies
But the property as a whole was in much worse condition than expected, so I don't think the numbers would work out for me.
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7 November 2024 | 1 reply
He says it's in good condition, could use AC and a heater, maybe some new siding but otherwise in good condition.He has a renter there paying $1600 month to month who wants to stay but has no long term lease.
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7 November 2024 | 6 replies
It’s more so the amount of competition and offers being place on properties I’m looking at.
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8 November 2024 | 38 replies
There is a need but not much competition.
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11 November 2024 | 12 replies
Fundrise recently sent an email to investors notifying that in difficult market conditions they reserve the right to halt redemptions.
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8 November 2024 | 18 replies
if you have limited resources, you need to plan accordingly to your budget.if your budget is Zero, you need to use free marketing methods like calling all FSBO in your area and landlords with houses that are outdatedif your budget is $250 you can use other strategies like skip tracing, driving for dollars, cold calling or door knockingif you have a larger budget you can do Direct mailing campaigns but to hard to find list, where the competition is small Adjust your marketing based on your monthly budget and be consistent for 3 to 6 months to see resultsIf you don't have lots of capital, consistency if the key over time
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7 November 2024 | 2 replies
Rental demand is high there, but so are home buyers looking to purchase properties there which makes it a bit of a competitive market for sales.
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11 November 2024 | 10 replies
What condition are those units in and the metal building ?