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3 March 2024 | 9 replies
Will completely change your buyer pool when sell in the future
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1 March 2024 | 4 replies
Just purchased a property out of state with a small pool (it might be a jacuzzi).
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4 March 2024 | 34 replies
So in real estate, if you are pooling money and they are not loans in order of priority, in 99.9% it is considered a security.
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3 March 2024 | 7 replies
If it is for 2024 and going forward, you will have a higher pool of accountants to interview after April 15.Congrats on the purchase and good luck in your search for an accountant!
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2 March 2024 | 5 replies
I thought I would have a pool of good candidates after the new year (it was the case last year around this time) and I would have no problem placing a qualified tenant by Feb 1 or latest early Feb but the activity level has been very low.
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2 March 2024 | 5 replies
I'm new to real estate investing and have been looking to buy my first property for the past 3-4 weeksI have roughly 120k (not all of that I would like to use) to put towards an initial investmentI found a property that I would like to get for 325k that is in ROUGH shape, basically every room and property needs a lot of TLC.I'm getting a 2nd GC to come and look at it but I'm estimating anywhere from 75k-100k in rehab costs to really get it updated.It's a 4/2 with the potential to be a 4/3 or even 5/3 with some creativity of the attic space. 2750sqft with a beautiful pool area and big backyard in Central FL, 15 min from Disney.The girl that has the property wholesale is saying the ARV could be anywhere 550k-600k but honestly, I don't see that number being accurate looking at comps around within a mile or two, and I really need an expert evaluation on this deal but don't know who to go to.I would love someone who has experience doing BRRRR or fix and flips to look at this property/deal and be able to say "this is a no go" or "you have plenty of margin to make this profitable"Any help would be super appreciated!
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2 March 2024 | 32 replies
My realtor provided a video of the drive into the neighborhood, a walk around the house and then through each room, garage and pool.
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1 March 2024 | 1 reply
What about for pool and spa?
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1 March 2024 | 19 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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2 March 2024 | 9 replies
There’s still 80-plus golf courses, I pay $2600 in property taxes on a 4br house with a pool, most people are kind and generous, weather is wonderful (but still lows in the 30’s in February!)