
3 December 2024 | 22 replies
Notably, there is often an unfortunate cycle where: (1) current ownership has financial struggles; (2) this requires the current ownership to fire sell or declare bankruptcy; (3) the development suffers as a result; (4) new ownership comes in and tries to fix it; and (5) the cycle repeats.

29 November 2024 | 8 replies
Quote from @Jim Reynante: After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti.

3 December 2024 | 10 replies
You're now the owner of the property, so the responsibility of fixing things is on you.

5 December 2024 | 15 replies
They offer competitive terms and have a robust track record, but you may find their rates and points can vary based on the specifics of the deal.Roc Capital: They focus on fix-and-flip loans with favorable LTVs, and they’re known for quick underwriting.

3 December 2024 | 15 replies
We just bought a house in a highly desired older neighborhood.The owner agreed to owner finance it with 5k down over 5 years at 0% interest.We did put some money into the house to fix it up some.The rental income will cover the payments.Always ask for owner financing, the answer might surprise you.Work with money partners to do more deals.Join your local Real Estate Club and learn new techniques and grow your network.

2 December 2024 | 7 replies
If we were to split like this on our current development, our engineers would collect 25 to 35 times as much as we paid them on a straight up fixed cost contract.

23 November 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.

14 December 2024 | 101 replies
PLEASEI know the best fix is going to be investing and getting cash flow but that is in the works as I type this.

9 December 2024 | 38 replies
That said, I'm 6 years out of bankruptcy and on fixed income.