6 December 2024 | 8 replies
Buyers are harder to find than sellers these days so the buyers broker should get more than them.
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6 December 2024 | 12 replies
Fix & Flips can be profitable too, but the key is knowing the local buyer demand.
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6 December 2024 | 6 replies
Look at the trailing 12 month's expenses on the seller's operating statement.
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6 December 2024 | 4 replies
The BRRRR method and house flipping are both fantastic strategies, especially if you're resourceful and willing to put in the work.If you’re working with limited capital, partnering with others or exploring creative financing options like private money lenders or seller financing might be worth considering.
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5 December 2024 | 4 replies
Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.
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17 December 2024 | 86 replies
However, thorough research on local markets is crucial to understand property values, rental demand, and economic trends.Leveraging Debt:Strategically using debt, especially DSCR loans, to acquire more properties is a common approach.
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7 December 2024 | 2 replies
The Seller is required to disclose any material defects and a fire would definitely fall into that category.
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4 December 2024 | 6 replies
As we first hand see the demand for student housing with a low supply of affordable options in the area.
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4 December 2024 | 9 replies
@Alex CollinsAs mentioned by Jonathan Greene.If you're transitioning from nursing to full-time real estate investing, focus on house-hacking in high-demand areas like downtown Indianapolis, Carmel, or Greenwood, targeting short-term or mid-term rentals.
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6 December 2024 | 27 replies
Given your experience managing 138 doors, you already have a significant advantage in understanding tenant needs, property maintenance, and financial planning.Key tips:Focus on personal finances: Keep building excellent credit and maintaining healthy reserves.Financing: Explore loan options like conventional, or DSCR loans to maximize your purchasing power.Location: Research neighborhoods with strong Section 8 demand and landlord-friendly regulations.Due diligence: Analyze properties carefully, factoring in rehab costs, property management, and cash flow potential.Your expertise and willingness to learn put you in a strong position—best of luck!