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29 May 2024 | 3 replies
My goal is to fix to flip properties and earn profits ranging from $30,000 to $50,000 dollars.
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29 May 2024 | 22 replies
They argue that their renovation is top notch, so the price is justified, which may or may not be true, but but generally the high quality of the renovation does not pay sufficient dividends in the form of increased rent, so the price to rent ratio just isn't there.They typically advertise a 9% to 13% cash on cash return, but be careful, this is their "first year projection" and in their first year they do some things that I find a it deceptive, such as not accounting for vacancy because they place a tenant prior to closing, and they budget essentially nothing for repairs or cap ex since it is renovated and they offer a warranty.
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30 May 2024 | 17 replies
Typically, short term vacation rental management in our area of coastal Oregon can typically range from 20-35% of the gross revenue!?
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30 May 2024 | 10 replies
For a kitchen that needs new sink, new range, new fridge, new white shaker cabinets, new granite countertops, new tile backsplash you are looking at 12k+For LVP it is maybe 1.25/sqft and then figure another 1k - 2k for installation.I learned first by calling and asking.
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30 May 2024 | 27 replies
I would look for Real Estate markets that allow entry point in 160k-250k range, it allows you to liquid your asset if it happen to be the case in future.
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29 May 2024 | 0 replies
The house was in good shape and purchased by a homeowner, showing that our whole-tailing strategies can attract a broad range of buyers and open more doors for profitable transactions.
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28 May 2024 | 1 reply
I would suggest getting professional pictures taken, or at least using something a bit more high quality and ensuring there is sufficient light in all the rooms.
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30 May 2024 | 47 replies
It's rather informal as of now, but I forsee it picking up more steam this year.Peers consist of 0~50+ unit property owners ranging from SFH's, 12-Plex Multifamily, Mixed-Use commercial, and so on.I intend to host our next meeting in Garrison as It's between Minot and Bismark, and we have the perfect building for a meetup!
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29 May 2024 | 15 replies
Quote from @Jack Schwartz: Mavely, I typically steer clear of Hard Money Loans (HML) when it comes to BRRRR rehabs due to their steep interest rates, which range from 9% to 14%.
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31 May 2024 | 33 replies
Most of the real estate courses out there range from $800 (Chris Chico) to $5k-$10k (Brent Daniels, Pace Morby, AstroFlipping w/ Jamil, etc).