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9 February 2025 | 4 replies
With that bank taking on the loans of all of our rental properties we decided that we were comfortable switching to that bank.
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3 February 2025 | 5 replies
Pre-construction homes, which could build $50-60K in equity within a year or two.I can afford a 20% down payment, but I’m torn between focusing on equity (pre-con) or cash flow (resale).
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4 February 2025 | 0 replies
Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?
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7 February 2025 | 1 reply
With high home prices, rising mortgage rates, and intense market competition, securing a property has become increasingly difficult.A recent survey found that over 60% of real estate agents reported instances where Gen Z buyers lost out on homes due to delayed decision-making, missed appointments, or hesitation in making offers.
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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7 February 2025 | 5 replies
I also know a guy that does a lot with creative financing on the I-5 corridor but he is mostly Wrapping them or fix and flips.
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19 December 2024 | 2 replies
@William Causey depends on the transaction and the parties involved.Agree with @Dennis McNeely on some of the transaction costs.A different issue though is with an Assignment, the buyer gets to see what you paid for the property.
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6 February 2025 | 10 replies
Many years ago, we worked with a VA on a fixed rate.
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9 February 2025 | 1 reply
Found on Zillow by researching the area and income trends for STRs How did you finance this deal?
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1 February 2025 | 1 reply
It is currently rented, and we are bullish on the building and plan to keep the unit in our portfolio.