
14 October 2024 | 8 replies
One they fixed (AC not working), the other they got to a barely acceptable state (hot water and pressure).My favorite part related to the conference was on shuttle to the airport.

12 October 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.

13 October 2024 | 0 replies
., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.

16 October 2024 | 22 replies
I think our mortgage rates at about 5.5% for a 5 year fixed term though the feds just dropped the rates a few days ago.

16 October 2024 | 32 replies
I had dipped my toe in a couple of fix and flips before the market crashed in 08.

12 October 2024 | 8 replies
My first venture was a fix-and-flip turned rental in Angel Fire, NM.I’m eager to dive deeper into real estate investing and am especially interested in adding more investment properties in the Santa Fe area.

12 October 2024 | 16 replies
How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions thanks for the advice guys!!

12 October 2024 | 15 replies
We are all here to make a profit so why would you have a problem if they fixed the issue themselves and made a profit.

14 October 2024 | 22 replies
hold some of that initial 100,000$ for reserves. if you spend it all and something goes wrong you wont have time to accumulate profit the first year to really afford to fix anything. then you'd be dependent on personal income or another loan to fix the issue if one arose. play it slow and safe at first while you figure out the game and take some initial hard knocks that are bound to come.

11 October 2024 | 4 replies
We want to invest 20% and fix it a bit (the house is just 4 years old and just need some tlc.