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13 September 2024 | 4 replies
I have read through Michael Blank's Financial Freedom with Real Estate Investing and am ready to go on to next steps.
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18 September 2024 | 35 replies
Typically most of the money (especially in this market) comes though purchasing a property in need of reno from a buyer not willing to put in the work/cash to reno, and then doing the work to reno it to capture that latent value.By buying a house that's already reno'd and ready to rent, you're missing out on a big portion of the potential equity-building potential of that investment, since the two big ways you build equity are through either reno or the housing market just moving up.
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15 September 2024 | 22 replies
Since you have excellent credit and a down payment ready, you could also explore **bank statement loans**, which are often tailored for self-employed borrowers and can sometimes offer more competitive rates.
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17 September 2024 | 19 replies
A lot of other investors who go the same path will be burned and stuck under water once it's ready to sell.
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13 September 2024 | 7 replies
It was empty when I bought it and needed very little work to get it ready to go.
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19 September 2024 | 29 replies
You could also request a property walkthrough, whether in-person or virtual.Inspect for long-term value: Even though a turnkey property might seem ready to go, always ask about the quality of construction and property management options.
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13 September 2024 | 3 replies
We have the vendors all lined up ready to come in and fix stuff next week and it's nothing that can't be done within 1-2 weeks, even if our own DIY things.
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15 September 2024 | 7 replies
Change the locks and start getting it ready for lease-up.Determining what is owed is a different issue.
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13 September 2024 | 50 replies
Quote from @Miguelli Fernandez: Been doing a lot of research and prep work and feeling ready to start putting offers.
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12 September 2024 | 1 reply
Getting everything set up and researching as well as connecting with great contractors and mentors to get ready for my first flip.