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4 February 2025 | 1 reply
It was difficult to find reliable cleaners and handymen at first but I have been operating for 2 years now and have found people I like.
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14 February 2025 | 1 reply
Awesome job with getting a cash flowing property!
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24 February 2025 | 3 replies
Great job!
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24 February 2025 | 5 replies
It makes sense because of their population growth and the strong job metrics of the area.
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24 February 2025 | 5 replies
No state taxes, high appreciation, Economic and Job growth, Population growth, etc.
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14 February 2025 | 3 replies
I recommend @Ryan Hall, he is the GC I use for every job, and he has exceeded my expectations every time.
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11 February 2025 | 5 replies
Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont?
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5 February 2025 | 4 replies
No you don't need a license for those jobs.
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15 February 2025 | 9 replies
From my experience, cities like Greenville, Columbia, Augusta, Huntsville, Chattanooga, and Jacksonville offer strong house-hacking opportunities with growing job markets, solid rental demand, and affordable multi-family options.
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19 February 2025 | 6 replies
You did a great job.