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12 February 2025 | 75 replies
Sympathize with them, and try to help them get out of their current situation.Have accurate numbersALWAYS have an accurate ARV(after repaired value) on a property, and ALWAYS have accurate repair costs.
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29 January 2025 | 8 replies
I’m not trying to second guess you, just trying not to make you feel like a peasant while I do important stuff.
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1 February 2025 | 9 replies
Simply put, we start off with the As Repaired/Completed Value (ARV), then subtract from that number a reasonable profit, the rehab cost (scope of work), which we've gotten good at, a contingency reserve for any "unexpecteds", our cost of capital/carrying costs (interest and costs of the leverage used), and our costs/fees on the buy and sell sides of a flip.
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20 January 2025 | 12 replies
If you have an questions, feel free to reach out, or if you're in the area, let's grab a coffee!
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11 January 2025 | 3 replies
The rent from the other units will allow your to purchase a more expensive property than you could on your own, which could help you build the value of your portfolio (and equity) faster.
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15 January 2025 | 11 replies
I like their portal, because I feel that I am able to have a good idea of the status in processing of my loans, but I would be intentional about the loan officer I work with.
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24 January 2025 | 0 replies
The country's continuous population growth, coupled with its high demand for urban housing, positions its real estate market for steady, long-term price increases.Over the past decade, cities like Berlin and Munich have seen remarkable growth in property values, with an increasing number of investors betting on the continued upward trend.
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12 February 2025 | 27 replies
Again, at another $20 per unit higher it will be worth another $685,000 at 90% occupancy= $616,00 more value.
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22 January 2025 | 10 replies
@Joseph Kirton How much time do you feel is needed to be successful?
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22 January 2025 | 3 replies
Having a co-signer doesn't feel like that at first, but you can't predict the future.