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13 December 2024 | 2 replies
But once established, it becomes a powerful tool for scaling your real estate investments while safeguarding personal finances.
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11 December 2024 | 12 replies
I'm in the same boat, wait and see.
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18 December 2024 | 23 replies
I learned about the power of leverage with real estate investments and now make 16k/month net after all expenses off rentals by doing a cash out refi on my primary residence to get me in the game.
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1 December 2024 | 5 replies
The only reason I've heard of Morris Illinois, is beacuse our family used to drive to central Illinois to camp and boat, and Morris is directly on Route 47.Are you currently investing in Chicago or near you in Joilet @Scott Meech?
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12 December 2024 | 2 replies
Here are the playersMe - OwnerOG Developer - Original Developer that improved property before I purchasedNew Developer - New Developer currently building a new subdivisionWater District - Own the vacant land that my sewer line runs acrossCity - Well, The cityTimeline:2007 - OG developer purchases large 1 acre lot with an existing house with the intent to subdivide and create a small PUD.2008 - Improvements are made (new street, sewerlines, storm, power, water) are brought into the subdivision.
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17 December 2024 | 17 replies
These softwares have a lot of functionality, but honestly there is a steep learning curve and the functionality is probably overkill for most rehabbers.FlipperForce - Web-based House Flipping Software built specifically for flipping & rehabbing houses w/ Estimating, Gantt Scheduling, Task Management & Budget ManagementGeneric Project Management SoftwaresThere are nearly an infinite amount of potential generic Project Management softwares available that provide powerful functionality for managing project schedules, tasks & documents.
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8 December 2024 | 10 replies
they will lose a ton of interest on 5.5% loan if we refi with someone else, but it would likely be 7% so its a lose-lose, they will lose our business and it could be in their favor to just drop the abusive term, ridiculous that a conventional loan doesn't let you keep the place after moving out. never saw that coming and this type of "pulling a fast one" is exactly why the other buyer who couldn't be present on closing specified that the power of attorney for signing closing documents was limited to exclude anything unnecessary.
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11 December 2024 | 6 replies
And don't underestimate the power of a strong first impression – a well-maintained exterior with a fresh paint job is key.Just remember, even with the best upgrades, color choices matter.
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8 December 2024 | 2 replies
Air conditioned air leaking to crawlspace making crawlspace heat or cold depending on season causing more power bill to tenants.
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6 December 2024 | 2 replies
Meaning, automatically turn on power when a tenant leaves...Or, is this to difficult with multiple power options.