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30 December 2024 | 6 replies
I’ve done my calculations and have seen that I will be breaking even with this investment day one.
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31 December 2024 | 3 replies
Markets with disproportionately high new construction, like Austin, TX, will see rent growth pace behind inflation or even (again) fall slightly on average.
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30 December 2024 | 4 replies
Even if the property is short, a contract with a buyer, even subject to short sale approval, should work.
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30 December 2024 | 10 replies
Many developers leave the tubs without even a hanging rod which looks incomplete.
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31 December 2024 | 2 replies
Each potential buyer has come to their own conclusion that it would be too much hassle and risk to manage in this fashion vs a traditional rental even though the average cap rate in our area has been half that at best.
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30 December 2024 | 89 replies
Let that propel you forward at an even faster pace.
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30 December 2024 | 4 replies
You can read a book and multiple books, but unless you are out there doing it (I.e. getting bids and getting contractors to truly get you an exact estimate) you will be far off from the numbers you want and may even lose money on the flip/rehab.The best advice I would suggest in my experience is that you should get into the line of work by either partnering with someone or working with someone on some projects prior to going into a flip on your own.
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29 December 2024 | 30 replies
Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!
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3 January 2025 | 11 replies
You would probably get a variety of answers even from tax professionals.
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31 December 2024 | 8 replies
That could be thousands of dollars, and you might not even close, so they just wasted several grand for no reason.