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22 March 2024 | 9 replies
House hacking a duplex or fourplex can be a fantastic way to start building wealth through real estate while minimizing your housing expenses.To invest in real estate, define your investment goals, research potential markets, network with local investors, analyze properties, consider financing options, and perform due diligence.
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22 March 2024 | 3 replies
It’s a best guess for everyone.I don’t know anyone right now who is saying “I can’t wait for more inventory as I am flush in cash and am ready to buy more real estate if prices rise”.With very low inventory, there will probably be minimal movement on housing while we stay in a stalemate
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22 March 2024 | 1 reply
FINAL NUMBERS:- Projected Costs: $380k ($357k in build cost & $23k in soft costs)- Actual Costs: $389k ($369k in build cost $20k in soft costs)Note: We had very minimal carrying costs because we utilized a CA HELOC with Premier Valley Bank that had a 2.99% introductory interest rate.- Projected Finished Value: $750k- Actual Finish Value: I think between $800-$850k, not sure yet.
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22 March 2024 | 23 replies
Hi wholesalers - I would love to get a template that you have successfully (and of course legally) used to close wholesale deals in MD.I have a template with assignment clause that I downloaded from real estate skills.com which seems like a great website but I'd love to see one that has been used in practice and has clear clauses about 1)EMD and clear backout periods for seller, wholesaler and buyer that minimizes risk for each while still being a 'defacto' contract 2)assignment clauses.
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25 March 2024 | 118 replies
Thanks again for all the help.You didn't indicate your reasoning for OOS investing, below are the reasons why and where most investors target.CF, almost no Appreciation, meet the 1% rule - Mid-western statesNone to minimal CF, mid to high appreciation - TX, FL, TN, CO, IDHope this helps..
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21 March 2024 | 10 replies
Be OK with a minimal profit on your first 1-2 properties.
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22 March 2024 | 21 replies
Tax Benefits: Florida has no state income tax, making it an attractive location for investors seeking to minimize tax burdens.5.
21 March 2024 | 6 replies
If he has a buyer willing to accept the price the listing is at, it is an easy win, minimal effort for you.
21 March 2024 | 9 replies
Mls showings are minimal in my area and Mls actually makes it harder for me to keep track and schedule because requests come from all over the place and alot get lost in the shuffle with other calls, texts and emails.
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21 March 2024 | 7 replies
The HOA is not likely 'crooked', they are doing what they think will minimize costs for the homes in the development.