29 December 2024 | 9 replies
Unless there's access restrictions and access is required for an appraisal or lender inspection, there's no reason why a buyer can't use financing even if the property is advertised as cash only.

24 December 2024 | 1 reply
No realtor is just going to run comps for you unless they are a good friend of yours, and even then, they usually will run them incorrectly.

25 December 2024 | 2 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

24 December 2024 | 5 replies
Even flips are getting razor thin margins (see reference below).

28 December 2024 | 11 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

24 December 2024 | 13 replies
I can point you in any direction if you have specific questions or need more information on a topic its funny how note investing is Soup De Jour these days on BP.. 10 years ago no one even mentioned it..

28 December 2024 | 13 replies
At this point, we are all unsure who is even going to provide the K1s for 2024 but I'm sure that'll be figured out soon.I will say that it seems that David Zook is really trying to figure this out for us, and himself, but I don't see how we get our money back at this point unless Heller provides the $120M+ that the court has ordered him to.

26 December 2024 | 8 replies
Most of us will go even higher...say 85%...but you have to get the property to cash flow at that level.

26 December 2024 | 7 replies
When your interviewing companies I'd suggest to ask about maintenance, and even talk with leasing agent as well.

26 December 2024 | 8 replies
Are there any recommendations for other land ed courses I should consider to get even more information?