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23 December 2024 | 10 replies
Definitely try to get pre-approved through a lender so you know how much property you can purchase.
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21 December 2024 | 1 reply
Going from a $232K purchase to a $575K sale is no small feat, especially with a full excavation of the foundation and reframing involved.I’ve got a buddy who tried something similar outside San Diego last year.. he had to reinforce the entire property with a new slab and rebuild the interior layout from scratch.. definitely not for the faint of heart, but his final sale price turned heads in that local market.
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21 December 2024 | 11 replies
I’m definitely interested in learning more about investing as well—wholesaling seems like a great starting point to build capital.
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20 December 2024 | 10 replies
You are definitely in the right place to meet like-minded people and congrats on your first two properties/4 doors!
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22 December 2024 | 5 replies
It's definitely not for all, but can be done.
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18 December 2024 | 15 replies
Using the deferred tax as part of your reinvestment will do wonders for what you are able to buy.You get access to greater reinvestment potential, as well as not having to recapture any depreciation.If you do need access to some cash, you can either take some out as part of the closing (only the cash you take will be taxed.
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22 December 2024 | 8 replies
I was wondering if any one can teach me how to get started I have read books and been trying to start the analysis process but keep getting stuck not knowing what to do.
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23 December 2024 | 5 replies
The nat'l trends are definitely not relevant, local is all that matters.
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26 December 2024 | 21 replies
That's good to know...that definitely wasn't there before.
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23 December 2024 | 8 replies
Definitely a huge problem!