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24 December 2024 | 2 replies
We got it for $105K off the appraised price, and 45K off the list price with 12K back at closing.
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23 December 2024 | 15 replies
Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan.
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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26 December 2024 | 21 replies
@Erik EstradaThe crazy part was that when I had spoken with the Self Directed IRA custodian, Equity Trust Company, they had given me a list of lenders clients had previously used.
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12 December 2024 | 2 replies
I would add that you should definitely checkout some local real estate meetups as that's the best way to quickly build a buyer's list.
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28 December 2024 | 24 replies
Quote from @Austin Wolff: Hey Kegan, I published on article on BiggerPockets specifically to answer this question for people like you (and selfishly for myself):The 10 Best Markets for Your First House HackNone of the states you mentioned are on this list, however.
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22 December 2024 | 9 replies
I didn't list ventless dryers as I haven't read very many good things about them.
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23 December 2024 | 17 replies
Now that the unit is finished, it's going to be listed for $2,450/month and the same model on similar lots are appraising for $410k.
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21 December 2024 | 10 replies
The list is a nationwide list the Miami-Fort-Lauderdale area made number 2 on the list Orlando was ranked 6 on the nation wide list, so judging by the post I think it would be safe to assume Florida is one of the best states for fix-n-flips.
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23 December 2024 | 5 replies
If the LLC owns the property, then the LLC should be listed as the owner in the contract.