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17 January 2025 | 3 replies
•Deal evaluation: Simple, actionable advice or tools to help me confidently analyze and structure deals.I’m also looking to network with wholesale-minded agents, understand local buyers’ preferences (buy boxes), and explore mentorship or partnership opportunities that can help me gain momentum.I’m eager to learn, take action, and build something impactful for my family.
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27 January 2025 | 7 replies
Also I have not worked out the financing yet. if I just use my cash then the Cash on Cash drops to 8 or 9% and that would be below my Cash on Cash target.Generally speaking and of course just numbers I picked out of the air for reference when running numbers in my head, I am looking for Cash on Cash greater than 15%, high probability of long term occupancy, and no expected major Capex for 2.5 years after purchase and purchase time repairs which I would add into the cash on cash evaluation before pulling the trigger.So there are some more details to be worked out in my head but being it is my first one and only learning what I could from youtube videos I thought I would get some feedback.With all that said, in my head it seems like it could be a good start.Thanks again Jaycee and Gavin for your feedback.
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16 January 2025 | 9 replies
You'll gain valuable insights into evaluating deals, financing, and managing properties.Local NetworkingPlug into local investor meetups in your area, the Pensacola area should have tons of groups.
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7 February 2025 | 21 replies
You didn't evaluate the lacking upkeep?
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16 January 2025 | 3 replies
Best of luck on your journey, and I look forward to hearing about your progress!
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27 January 2025 | 8 replies
If you plan to expand your portfolio, forming an LLC can simplify liability protection and operations for multiple properties.Consult a CPA or legal professional to confirm your tax obligations and evaluate whether an LLC or umbrella insurance aligns best with your investment goals and risk tolerance.This post does not create a CPA-Client relationship.
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5 February 2025 | 13 replies
With pictures and video that can be sent on progress, many of the investors I work with never visit the property.
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28 January 2025 | 71 replies
Progress is slow as we plod into the final week.
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11 January 2025 | 6 replies
So service would degrade as the day progresses.
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10 January 2025 | 23 replies
You really need to know your numbers well and build in some good cushion.Tools I use to evaluate rentals and loans. 1.