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24 October 2024 | 10 replies
If they get paid up-front, how hard will they work to make the deal profitable?
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21 October 2024 | 1 reply
Like any other system these days it has a lot of features but I use it mostly to organize my data.
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23 October 2024 | 0 replies
We got the seller a quick and easy sale, while adding a profitable deal to the end buyer's portfolio What was the outcome?
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24 October 2024 | 16 replies
I know it likely lowers the profit margins.
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18 October 2024 | 1 reply
The local market in Waynesville showed strong demand for updated homes, making this deal an attractive option for a profitable flip.
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25 October 2024 | 2 replies
If you employ the BRR"R"RR strategy now, you’ll be in a strong position to capitalize on discounted properties and refinancing opportunities when the market conditions align.In short, while the BRRRR method we once knew has become harder to execute, adapting it to BRR"R"RR makes it a viable and profitable strategy in today’s market.
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24 October 2024 | 1 reply
My partner funded the entire purchase price, and we are about to refinance at the market value, allowing him to get all his cash back with a profit and allowing me to buy the house with no money down.
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24 October 2024 | 1 reply
.- Special Discounts: We offer last-minute deals and early booking discounts to fill any empty nights while maintaining profitability.- Using Pricing Tools: We check our pricing tool, PriceLabs, to set the best rates for the day.2.
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25 October 2024 | 13 replies
A DSCR of 1.25 or higher is usually required.Property Appraisal: A professional appraisal to determine the property's value and income potential.Business Plan: Lenders may require a detailed business plan outlining your strategy for managing and profiting from the property.Experience: Demonstrating your experience with smaller multifamily properties can be beneficial.
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25 October 2024 | 9 replies
My advice would be to take the time to vet the right PM company because that will be the difference between profit or loss.