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21 January 2025 | 3 replies
., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
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13 February 2025 | 25 replies
However if it is a larger property I comp it like I do a commercial property with a cap rate and with cash flow.
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29 January 2025 | 10 replies
The advantages is that you can buy with low money down and will get a better interest rate.
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22 January 2025 | 25 replies
(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)?
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5 February 2025 | 29 replies
Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred.
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19 January 2025 | 61 replies
You snowball plan has a very high success rate.
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12 January 2025 | 20 replies
Until you build trust with a team or contact you should view every property esp a MF that is a larger investment.
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15 January 2025 | 5 replies
With the increasing number of lawsuits and penalties for TCPA violations, I'd like to cover my backside and remain compliant.How do you scrub your lists to ensure you’re not contacting people on the Do Not Call list?
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20 January 2025 | 37 replies
You can likely do this with your savings rate (that will likely increase) and age.
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15 January 2025 | 4 replies
Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!