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14 August 2024 | 26 replies
Treat the customer with respect, provide safe and desirable products, purchased at the right price and condition, provide quality management and anyone can be successful no matter what the product or market.
15 August 2024 | 33 replies
.- Economic Stability: Supported by a stable healthcare sector.- Cash Flow Potential: Often meets the 1% rule, indicating strong cash flow.Columbus:- Growth and Demand: Booming population and tech industry.- Appreciation Potential: Consistent market appreciation.- Rental Market: Low vacancy rate, suggesting high rental demand.- Median Prices: Affordable compared to larger metros.Long-Distance Real Estate InvestingInvesting in properties in the Midwest while living in Los Angeles is feasible with modern technology.
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11 August 2024 | 16 replies
Then I expect more stabilization in pricing and less concessions as the market will tighten as we get a 2nd rate cut in Q1 of 2025.
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13 August 2024 | 2 replies
He needs to be a manager, organizer, motivator, and educated in the trades and he has to give a you know what about the finished product of your job.
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13 August 2024 | 5 replies
There are value add products for multi-family 5-20 units that do not use DTI to qualify.
13 August 2024 | 7 replies
That takes my time most nights, and weekends to receive/pack/ship those products but is super flexible with time.On top of that, I self manage 6 of my own rentals, the cash flow pays for my current mortgage and repairs so it makes living in my primary house free.Experience now:My wife and I have 6 rental homes locally, all rented, all cashflow.
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12 August 2024 | 13 replies
You could always slip a 6 x 1 metal drip edge under the first row of shingles before you roll on the sealant.But yes, if you want the ultimate, and longest lasting product, metal is your way to go.I would not use a handyman for a job like this though.
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19 August 2024 | 3705 replies
But looking for the right deal once I’ve stabilized in a few months.
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15 August 2024 | 23 replies
Thank you for the fast reply.I am leaning towards it might be a bit risky to assume a refinance as an exit strategy if you are in a deal with a lot of equity tied up.Definitely Valdut, its always good to know all options and pick the option which allows for the best execution is speed, pricing, terms, and the right product for the given situation (rehab, acquisition, long term cashflow, construction, or interim, bridge, etc).
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12 August 2024 | 12 replies
So, you would most likely not refinance the loan after the property is stabilized.