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17 December 2024 | 16 replies
Especially if seller just received a windfall from the sale it is definitely worth suing for damages.
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18 December 2024 | 2 replies
Purchase price: $575,000 Cash invested: $75,000 Sale price: $775,000 This was a tough one.
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18 December 2024 | 13 replies
Even open houses on occupied rentals are a bad idea.If you want the highest sales price possible, you will have to list it on the MLS.
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16 December 2024 | 6 replies
As you mentioned, it might be difficult timing the sales of each of properties where you can achieve a combined exchange (multiple properties into 1 property / or a few properties).Just a quick note that may be helpful - I work with a group of investors that can help with a combined exchange into a single property and will buy it back once you've found a replacement propertie(s) as the final destination for your capital.
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19 December 2024 | 82 replies
The queen is your most powerful piece, but it needs to be used wisely to win the game.Here’s how to play the game:1.Protect Your Cash: Instead of using your hard-earned $80K for large investments outright, leverage it strategically.
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19 December 2024 | 8 replies
Don't forget your taxes on a sale!
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17 December 2024 | 0 replies
Purchase price: $180,000 Sale price: $209,900 Contributors: Peter Vekselman Partner Driven and Traci Stephens purchased this Watertown, SD property on 12/06/2024 for $180,000 and sold it the same day for $209,900.
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9 December 2024 | 0 replies
Purchase price: $28,000 Cash invested: $47,000 Sale price: $110,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Billy Medlen, acquired a home on Raymond St, Richland, MO, for $28,000 on 02/20/2024.
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19 December 2024 | 13 replies
I generally rule out most single family homes as viable rentals, as prices are pretty high relative to rents, so aside from some downtown neighborhoods, typically you do not find large areas of single family rental neighborhoods (a median sale price on a 3 bed, 2 bath home so far this year in Dane County on MLS sales data is at $430k).
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18 December 2024 | 23 replies
I learned about the power of leverage with real estate investments and now make 16k/month net after all expenses off rentals by doing a cash out refi on my primary residence to get me in the game.