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19 October 2024 | 14 replies
Personally, I try to do cash for keys to get them to leave.
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22 October 2024 | 23 replies
Continuous learning is key.
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22 October 2024 | 20 replies
I think it's okay to not have a deluxe backyard, see what the market is demanding.We didn't want to or have the funds to do a full renovation, Here are some things we did when we got our primary ready to rent:-Tore out fiberglass tub and surround in master bedroom-Had new tub and tile surround put in (felt nicer for primary bedroom suite)-New toilets and all new faucets-Hired guy to resurface all kitchen and bathroom countertops-Took down popcorn ceiling and had resurfaced/ painted-Neutral paint and trim throughout (had different colors all over prior)-changed out washer hook-up valves to prevent issues Things I wish we would've taken care of:-regular yard maintenance hired out and baked into rent-LVP flooring throughout (kept mix of tile and carpet)Just did final walkthrough and got keys this morning for tenant moving out.
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19 October 2024 | 7 replies
I’ve seen it happen over and over again.The key is to build slowly and steadly.
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16 October 2024 | 3 replies
I'd look in your local area for meet up groups, get to know some people, and be patient.
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20 October 2024 | 9 replies
**Example**: - Mortgage payment to lender (P+I+Escrow) = $1,500 - Additional monthly payment to seller = $300 - **Total Monthly Outlay** = $1,800### Key Points to Consider:- **Seller Financing**: Payments can be structured with or without escrow.
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22 October 2024 | 12 replies
So the play was these fellows would hunt down who lost the house get them to sign a deed over to them for say 500.00 then they would sell this deed for say 5 to 10k and sometimes much more there buy extingishing the redemption rights and the bidder could start right away on rehab etc.. its was just a cash for keys grab..
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19 October 2024 | 4 replies
The key is to understand how to underwrite a syndication structured deal.GP/LP splits, acquisition fees, asset management fees, refi/sale periods..among many other things that vary when underwriting a syndication deal vs traditional purchase.Happy to share my model for underwriting these deals if you want to shoot me a DM.
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23 October 2024 | 15 replies
I think crime data is key.
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25 October 2024 | 33 replies
Would you buy a car where every 3000 times you turn the key it only starts once?