
16 December 2024 | 7 replies
I do understand that market value becomes what has been paid for a deal but with minimal work and renovations my deals almost always significantly increase in value in the first 6 months.

16 December 2024 | 12 replies
For instance (numbers are not exact), if I put down 50K for downpayment, aggressive strategy may return $300/month (after mortgage payment, fees, etc.,) and normal strategy may return $200/month, and passive strategy may return $150/month.

15 December 2024 | 7 replies
I do not want to wait 6 months-1 year to repay them.

17 December 2024 | 1 reply
Purchase price: $160,000 Cash invested: $30,000 Took this home from bad to glam in 1.5 months for a healthy profit.

16 December 2024 | 1 reply
The entire project took around 3 months with EVERY square in minus the electrical( some added) being gutted and renewed.

18 December 2024 | 12 replies
However, if you have the time and prefer to source properties on your own, I would highly recommend the following strategies:Connect with probate attorneysVisit property auctions: These happen monthly and, surprisingly, aren’t saturated with investors.Cold callingTarget LLC owned properties: Over the years we have seen an influx of companies purchasing SF for rentals/long-term holds and they failed to account for property taxes and an increase in new construction coming to the market.

16 December 2024 | 8 replies
You will kick yourself someday if you don’t reach out to him for coffee.- My Goal: to have $10k/months of income to replace my day job.

18 December 2024 | 15 replies
My initial net rental income was $402 a month to $224 a month.

17 December 2024 | 2 replies
First thoughts are finding a way for the tenants to use it for a fee, either rent the space monthly or create a space that can be rented on a per-use basis....or possibly rent to another non-tenant individual for office use of some kind.

16 December 2024 | 5 replies
For instance, someone making $500k a year and living in a very highly appreciating market might be extremely happy on a deal that loses $200 a month but is getting 5% appreciation on a 2 million dollar property in San Diego, butut that doesn't make sense for the investor with 30k and a lower paying job.When it comes to the book series I agree with you that the order doesn't make sense (having read both).