5 November 2024 | 34 replies
Go back to the top and read his post and my response.

31 October 2024 | 2 replies
There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.

3 November 2024 | 10 replies
While it is important to take the seller into consideration, you need to make sure it fits within your parameters first.
1 November 2024 | 11 replies
As far as occupancy, HUD has a Keating memo on reasonable space, our local apt association suggested for some guidance on how many could reasonably fit in a space (not just looking at bedrooms).

3 November 2024 | 56 replies
Without anyone being victimized, I don't see how this would fit the definition of a fraud since its all agreed to and the borrower eventually gets the money they are owed as agreed.

5 November 2024 | 29 replies
Try to narrow down your options to the top 3-4.

4 November 2024 | 13 replies
Yeah... honestly, you sound like you are way over the top and as my kids would say, "you are extra".

30 October 2024 | 4 replies
Right now buyers have more leverage so you can find deals and properties that fit.

1 November 2024 | 4 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

3 November 2024 | 24 replies
There are standard guidelines and on top of it lender has overlays on standard guidelines.