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Results (10,000+)
Shane Welch First Rental Rehab Project
24 July 2018 | 12 replies
Just make sure you buy extra and store it because manufacturers discontinue colors and patters frequently to force people to replace the whole floor.
Nicholas Ernewein First Purchase, realtor question
24 July 2018 | 4 replies
This creates buffer zones because people don't want to live next to a manufacturing plant.
David Bardwell What's an appropriate gift for your agent?
26 July 2018 | 19 replies
Otherwise it hurts my reputation to throw junk people his way.
Fabian Martinez Tactics for Beginners Wholesale brrrr
26 July 2018 | 18 replies
The risk in wholesaling is loss of earnest money, spending on marketing that leads to no deals, getting a bad reputation if you put bad deals under contract and have to weasel out of them with unethical escape clauses etc....
Adam Horvath Shipping container apartments in the city?
28 July 2018 | 8 replies
Ive been working with few projects around container homes, mainly on the container supplies side since i could get great deal and have good relationship with container manufacturing company in Vietnam.
Eddie Quirk First Flip and scared to death
27 July 2018 | 22 replies
Not sure if I will do that or not yet, I will get quotes some reputable painters I know and assess it.The house is owner occupied which is a plus.
Ben Leybovich Under Contract...Finally, after 5 months
17 August 2018 | 30 replies
We can ask for it from the seller, but end up with a reputation for retrading.
Neil Patel Rental house insurance claim question
28 July 2018 | 2 replies
It doesn't sound like you have a reputable insurance company.
Mary Jay What would u do with 50k?
8 August 2018 | 63 replies
If anyone knows where I can get $200+/month per door with a reputable turnkey company, I’d love to hear from you.  
Thomas Shaw Owner financing trailers
25 April 2019 | 1 reply
His niche is very different from what I am familiar with, so I'm having some trouble running the numbers and I thought I'd turn to you guys.So he(my relative) has been doing this exact strategy for a few years and has done a good number of deals(~40) so I'm confident he knows what he's doing, but his strategy is as follows:Buys a distressed trailer(mobile/manufactured home) repairs it, and then sells it to a tenant that either can't qualify for a normal  loan, or doesn't have the money to purchase a normal home.So for this particular deal, the numbers are as follows.Purchase price of $5750.Rehab of $8000.Rehab should take roughly 3-5 days.Selling we are assuming a month, but he says typically less.Taxes are around 600/yr(which the new owner will pay) but accounting for the month we have it, $50.The lot rent for the trailer is $350.Closing costs would be maybe ~$100.We'd sell it for ~22k, with a down payment of 2k at 14% interest for 75 months.So our purchase and rehab would be ~$13850, plus a month of holding for $14250.We'd get 2k back bringing our investment back down to $12250.We'd bring in 400/mo from the mortgage payment.As far as I can tell, this would be about 35-40% cash on cash return.Please go over these numbers and tell me if I'm missing anything.