
1 October 2024 | 7 replies
Hard to know exactly for you depends on a number of factors.

3 October 2024 | 26 replies
Tell them what you're looking for and they'll set you up on an MLS auto search such that everything matching your criteria will be automatically emailed to you every morning.

30 September 2024 | 7 replies
Here are 2 key factors to prepare yourself for your entrance into commercial realm:1.

3 October 2024 | 15 replies
Consider factors of what the property will need though if needs work (account for that, do an inspection, have contractors give you a bid on what all could or needs to be done).

1 October 2024 | 29 replies
Some factors affecting costs are: - how small the units are - a 1500 sq ft house will be much more per sq ft vs. a 2500 sq ft house, similar to (10) 1 bed units will be much more per sq ft than (10) 3 bed units because the more you stuff into a smaller box, the cost per foot goes up, and you still have the same costs of a kitchen, hvac, foundation, etc. but you're spreading those same costs across much less square footage.

2 October 2024 | 9 replies
This is also impacted by how old your home is, so that was likely a factor for me.From what I can gather, it's best to increase my personal liability for now and require the tenant to get renter's insurance to secure their own belongings.

1 October 2024 | 12 replies
What I also recommend is also factoring in soft expenses that you are budgeting for but have not yet spent.

30 September 2024 | 10 replies
It sounds like you've already invested a lot in rentals, about $14,000 when you factor in your upcoming projects.

30 September 2024 | 10 replies
Most your leads are going to be investors who want a steep discount anyways and they may factor in the savings in commissions (meaning you technically aren't paying but it is still factored into the price).

1 October 2024 | 16 replies
With rehabs you can get to significantly lower purchase prices and typically the lender will just be looking for a100k+ ARV so that you can refinance out of the loan once rehab is completed (100k as-is value is pretty standard for DSCR loans).With rehabs experience is the biggest factor to LTV and rate so partnering up with someone for the first one or first 3 will get you significantly better terms (working in the same area can also provide benefits in terms of LTV).