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21 January 2025 | 8 replies
How do I get the phone numbers of the owners of the properties?
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21 January 2025 | 2 replies
With this route you can purchase a turn key property and expect to lease the property immediately or purchase an existing rental from an investor that doesn't require rehab and has strong numbers.
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14 January 2025 | 3 replies
Can they prove how long it takes to rent a vacant property?
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17 January 2025 | 3 replies
Just because the property can close in an LLC with a DSCR loan, does not mean the loan is made to an entity.
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16 January 2025 | 26 replies
I'm a property manager, and I also buy/sell property.
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17 January 2025 | 3 replies
Quote from @Avani Patel: Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return.
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15 January 2025 | 6 replies
Quote from @Louis Hamilton: The property is worth around 800,000 and has no mortgage on it.
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17 January 2025 | 1 reply
I would also purchase the property and not the LLC unless you are a seasoned investor with a good attorney.
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23 January 2025 | 5 replies
., HVAC tune-up, plumbing fixes)Deep clean entire property pre-listingEstimated Cost: $5,000Total Estimated Renovation Cost: $145,000Project TimelineWeek 1-2: Planning and DemolitionFinalize design and materialsObtain necessary permitsBegin demolition (kitchen, bathrooms, floors)Week 3-5: Structural and Major InstallationsInstall new cabinets and countertops in kitchenComplete bathroom tiling and vanity installationRefinish or replace flooringWeek 6-7: Painting and FixturesPaint interior and exteriorInstall lighting, hardware, and plumbing fixturesWeek 8: Finishing TouchesLandscaping and curb appeal updatesDeep cleaning and stagingTotal Timeline: 8 Weeks*This link comes directly from our calculators, based on information input by the member who posted.
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17 January 2025 | 23 replies
Doing so will help you avoid capital gains tax if you decide to sell later.Second: Test it out by renting the property for a year.