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8 January 2025 | 2 replies
Let's say $300k, you then agree to the purchase price but add your own terms (ex. 0% interest, 5% down, 16 years to pay back).This way, you're paying (example) $1,800/month but renting the property for $2,400/month and pocketing the difference.Anyone have success doing such a thing?
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8 January 2025 | 20 replies
We have offered to allow her to pay a reduced rent for the first few months as well but I am worried that may create some sort of limit on how much we can raise the rent on her in the future.
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8 January 2025 | 0 replies
It was high rent, low entry point area but within 6 months I dealt with an eviction and electrical issues.
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16 January 2025 | 12 replies
And a PM that manages 10k units as part of the GP entity, with equity invested, will be taken more seriously than a XYZ property management (who manages 200 units total) has said they are open to managing the property when I close.Lastly, even in the "easier" market timing of the early and mid 2010's, most people when they get started are looking at deals for about 18 months before the first one is awarded and closes.
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16 January 2025 | 8 replies
That’s why the successful wholesalers and flippers I know spend $10,000 and more MONTHLY on marketing. 2.
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11 January 2025 | 31 replies
While this is a way to buy property for most they burn out in the first 6 months since its so darn hard to do it..
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7 January 2025 | 12 replies
If there was no appreciation, there is no need to do a 1031 exchange.I have never been a fan of condo's as you lose some control over the investment - You have no control over the monthly maintenance fees, you may not have control over who is on the board, you have no control over special assessments.I wish the investments turn out well for you!
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22 January 2025 | 14 replies
The structure would be a 75/25 profit split with projected returns of 10-15% on your money in 4-5 months.
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11 January 2025 | 49 replies
I am researching a project and doing an extensive property visit next month on a project that yields well over six figure in revenue.