10 October 2024 | 0 replies
In that case, it may be time to reap the profits from a rental property sale and invest elsewhere.
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11 October 2024 | 7 replies
Many flippers try to buy in the fall and sell in the spring to boost their profits for this reason.
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8 October 2024 | 8 replies
In August 2020, I took on what seemed like a great deal—a three-family property in Manchester. The seller was a terminally ill man who needed cash quickly to support his family before he passed. The lead came through ...
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17 October 2024 | 47 replies
This last two months weve gotten 3 new contracts from highly motivated leads, our ROI is about 238% so texting can be very profitable and it does work but it has gotten majorly difficult with the new regulations the past 6 months.
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11 October 2024 | 8 replies
A colleague of mine in Scottsdale recently used it to turn a fixer-upper into a profitable rental within months.
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11 October 2024 | 11 replies
You may have a more profitable exit if you can build them as 1-4 units versus larger and can subdivide the buildings into separate properties.
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14 October 2024 | 22 replies
hold some of that initial 100,000$ for reserves. if you spend it all and something goes wrong you wont have time to accumulate profit the first year to really afford to fix anything. then you'd be dependent on personal income or another loan to fix the issue if one arose. play it slow and safe at first while you figure out the game and take some initial hard knocks that are bound to come.
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11 October 2024 | 2 replies
Discouraging investors from taking a dilapidated home in poor condition, serving a market need, and dare they make a honest profit from doing so.
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10 October 2024 | 7 replies
Having the rental won’t prevent you from securing other loans if it’s profitable, as lenders consider rental income in your debt-to-income ratio.
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11 October 2024 | 30 replies
Lets say you end up with a yearly profit of 5k.