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3 February 2025 | 2 replies
We've had her for 10 months, she was quiet, kind, when she had an issue with the apartment she would let me know and I would come fix it.
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1 February 2025 | 0 replies
Investment Info:Condo fix & flip investment in Las Vegas.
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5 February 2025 | 29 replies
From what I gather, the turkey operator will by a property at around 100k that needs 50k to get it fixed up.
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6 February 2025 | 3 replies
I’d appreciate your perspectives.Here are the details about our current home:3/2 Class A property in a middle-America town with historically ~1% annual appreciation.Purchased in 2020 for $200,000 at a 3% 30-year fixed rate.Remaining mortgage: $150,000.Estimated value: $270,000 (based on recent sales).After selling costs: Likely $100,000 in net proceeds.Rental potential: $2,000–$2,300/month.PITI: $1,200/month ($700 mortgage + ~$500 insurance/taxes).Maintenance/CapEx/Vacancy (20%): ~$400/month.If kept as a rental:Net cash flow (self-managed): ~$500/month or ~$300/month with property management.Low appreciation potential but ~$400/month in principal paydown.Considerations:What’s the additional overhead of managing a second rental property remotely (3 hours away)?
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24 February 2025 | 29 replies
It's going to be your [Gross Income] divided by [Fixed Expenses].
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30 January 2025 | 6 replies
Then once it's acquired and/or fixed up you could shop around for long term financing if planning on holding the property rather than flipping it.
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23 February 2025 | 13 replies
The apartment has repairs that presumably can't be made since there's no money to fix them.
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10 February 2025 | 10 replies
Consider offering equity partnerships, debt financing with profit sharing, or preferred equity, where investors get a fixed return before you share profits.
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25 February 2025 | 15 replies
Plus there should be amount over which they don’t do the easier without first showing you the quote from the vendor, describing what’s wrong and what needs to be done to fix it.
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24 February 2025 | 7 replies
It’s very hard to fix a bad deal.