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22 September 2024 | 0 replies
Found someone selling a 4 acre lot with an old farmhouse.
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27 September 2024 | 40 replies
What I have found over and over and over is when people go chasing rates, bad things just like this often happen.
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23 September 2024 | 8 replies
You would want to visit the area you plan to invest in several times and make sure you have found a great team.
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22 September 2024 | 22 replies
it’s certainly more difficult to find and negotiate however I don’t have much exposure And little at risk capital Ultimately it’s more enjoyable to me You've found 100 deals with seller financing and sub2 arrangements?
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23 September 2024 | 15 replies
Hi all, new here at the forum and thank you all for all the knowledge you guys share…its amazing.I am interested in this question as well as we just got back into this from like 10 years ago, few things have changed for us, and the main one is finding deals with whole sellers, sometimes the price looks good, but once we add numbers we are currently seeing that everyone else in the deal makes tons of more money than us….for instance, we have checked properties now, where we pay closing cost, interest on a portion of the borrowed money, commissions after selling the property, etc and we see 30-40k going out on all of this, then we barely make a 20k profit or less on a property of 200k …many of the deal we found we barely get close to a 10-15% of the initial purchased price, which to me sounds like a lot of hassle and my wife says that i am getting old and too picky :)i keep saying that ideally we should shoot for 15-25% profit from the purchase price…if i get a property at 200k and the rehab is 50 and everyone else makes 30k then we should at least net out 30k as well.
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21 September 2024 | 1 reply
I found another home that’s move-in ready, and I’d prefer to use a second VA loan since the rates are much better than those for an investment loan in this case.For context: I’ve lived in my current home for over two years, still have VA loan entitlement left (with a down payment), and plan to occupy the second home as my primary residence.
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23 September 2024 | 9 replies
We found a family (2 parents and 2 teenage daughters) and no pets to rent our place starting October 1st.
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21 September 2024 | 8 replies
We found a great couple as potential tenants.
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24 September 2024 | 27 replies
The town we live in has the highest around 11 per 100 that I have found anywhere.You can google and most people use a sq ft per capita metric.
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27 September 2024 | 66 replies
And we found a great pre-finished lumber supplier for the siding and the tongue and groove that is saving us 10 to 15k a cabin depending on the size (and producing far better quality results in the finishes).It doesn't sound like much when you're looking at 300k to 500k builds.