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19 July 2024 | 12 replies
I know no other industry where this is more true than property management.
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17 July 2024 | 16 replies
It's true that you can do a longer contract and most wholesalers do but also most wholesalers fudge the numbers and make the ARV much higher than what it's actually worth or the rehab cost is way too low.
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18 July 2024 | 1 reply
The tried and true way is to purchase a off-market property, rehab for no more than 75% ARV, refinance to get your money out or payback the private hard money loan - start short-term leasing the property.
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18 July 2024 | 7 replies
basically if its TRUE RV there needs to be on site manager to collect payment when they roll in for the night and most RV parks also have amenities that need tending
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19 July 2024 | 6 replies
Someone mentioned "buy the real estate, not the tenant" and that is true to an extent, but you also need to know what kind of rent that real estate will garner down the road.
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18 July 2024 | 7 replies
If you buy your relative’s house for $130k-$140k and put in $10k of updates, make sure to get a Broker Price Opinion (BPO) and/or a formal appraisal to show its true value.
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19 July 2024 | 36 replies
Ill let you know if I decide to do it and I will not let you down with my trash talking (the same likely won't be true of my rowing).
23 July 2024 | 42 replies
It's true that I'm surprised that $30k/month as a goal comes off as annoying to so many, in 2024.
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16 July 2024 | 0 replies
True, gone are the NO Doc loans to anyone with a pulse, but mortgage investors and lenders still have a lot of creative ways to lend.
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16 July 2024 | 2 replies
true people search is pretty solid and its free.