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29 January 2025 | 3 replies
It comes down to the most effective use of a marketing budget.
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22 January 2025 | 9 replies
To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.
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24 February 2025 | 8 replies
Needs new everything floors, kitchen, bathroom, paint, roof, landscaping and also has termites and a tentant that's not currently paying rent, for a 1000 sqft property they want 160,000 for it, but my comps say for a rehabed house in similar sqft property in that zip code would sell at 220,000k and I would say it needs atleast 65,000 to 75,000k in repairs so my offer price was at 100,000 to 110,000 and the buyer will not entertain my offerI would like to offer more but if there are any surprises I'd like to be prepared for those cost during the rehab process.
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22 February 2025 | 7 replies
That is, how well did your deal analyzer estimates match the actual rehab costs, holding costs, ARV, and profit?
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5 February 2025 | 6 replies
In my experience, using a hybrid model—combining traditional realtor showings with self-guided tours—has proven to be an effective strategy.
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20 February 2025 | 2 replies
assuming you use all cash - and setting aside closing and holding costs for now - you're in for 150K.
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21 February 2025 | 9 replies
Your question asking for detailed loan estimates from multiple lenders at the preapproval stage with "exact cost to close" is very problematic.
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22 January 2025 | 9 replies
A manager will roughly cost $100-$150 a month to take over a unit (it could be more or less in your market) and manage the units.
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19 February 2025 | 4 replies
The fees and overall costs of these loans needs to be a key factor including what if the project goes over time . . . . you can be underwater in no time.Underestimating repair costs and overestimating ARVs based on Zestimates are the next stumbling block.There's money to be made but make sure numbers all work WITH contingencies defined and overages expected . . . remember, a project will always cost more and take longer than initially thought!
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25 January 2025 | 12 replies
@Yooni Choi managing from out of state (OOS) with ZERO previous landlord experience - probably won't go well.You WILL make a lot of mistakes that will cost you money.