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9 July 2024 | 4 replies
If they are older, it is probably worth paying for an updated survey.4) Ensure the closing is done through a title company and insist on title insurance.
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9 July 2024 | 10 replies
The contact at the city has been very nice and has said she will work with me as long as the process is moving forward and I'm keeping her updated.
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10 July 2024 | 31 replies
Just to update the tenant says it was at 75 not 80.
8 July 2024 | 9 replies
@Myer Johnson Please provide an update on this transaction.
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9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.
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8 July 2024 | 1 reply
I just come across Tarl's video of explaining his updated house flipping spreadsheet using Google sheets.
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10 July 2024 | 256 replies
No updates on the investment.
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8 July 2024 | 6 replies
Having the option to wait longer to refinance will give you time to do any updates and repairs and raise rents.
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12 July 2024 | 42 replies
Keep us updated.
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7 July 2024 | 5 replies
We will have to wait months for the VA, lenders, military resource websites etc. to update this information.