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13 August 2024 | 2 replies
Would love to connect and see what sort of strategies you are looking at and for what areas.
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13 August 2024 | 6 replies
I think that your best bet is to offer the Holder of the Contract for deed some sort of discount if they refinanced out of the contract for deed so you could get your equity, short of that I don't think you have a lot of options.
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15 August 2024 | 57 replies
for my local (San Diego area) purchases, my worst appreciation is $2700/month.
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15 August 2024 | 34 replies
Sort of split the difference.2) Offer them moving expenses and/or to return their entire deposit if they decide to move out3) Discount the rent while the renovation as going on since it will surely be an inconvenience
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13 August 2024 | 3 replies
good points, made the first mistake before and i'm still sorting thru my messages lol
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15 August 2024 | 86 replies
Rosy assumptions about how much free cash your real estate investment is going to throw off make it really easy to be unrealistic about what it’s going to take to make owning rentals actually work.So, 3 years into my Real Estate journey (5 with planning) I have some learnings I want to share:The default assumptions in every calculator you look at are rosy at best and complete lies at worst.
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12 August 2024 | 5 replies
You have to consider worst case scenario of not doing well in RE right away.
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14 August 2024 | 12 replies
I am sort of tired of "I am a good tenant because I pay on time" so do an "X" for me right away; basically treating a landlord as a room service.
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12 August 2024 | 3 replies
Hello Laura,I have actively purchased land that I identified for the last 10+ years.The easiest way to find out if the land is for sale is to talk to the owner directly.You can use tools such as Whitepages.com surprisingly they have over 90% of people's cell numbers.If you can't get the owner on the phone, I would send them a letter asking them if they want to sell, I have seen other people use actual contract offers that they send out to the owner trying to purchase the property.I would not share my concept unless its some sort of Charity that you are either seeking a partner or donation for.I haven't used PropStream, However one really good tool is called Land Glide, its and app on your phone, and you can look at the parcel makes in real time, and also see the owner info and for each parcel.Hope this helps,Dustin
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12 August 2024 | 1 reply
The same deal falling onto the lap of an investor without cash or access to quick credit, would at best end up giving up half the profits and at worst get a small “finder” fee.1.