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25 July 2024 | 2 replies
I think almost any seller would be better off just listing their property on the market and would come out ahead financially as opposed to going through a wholesaler.So that is some 'bluntness' on wholesaling from my perspective.The other observation I have on the job itself is that it takes a lot of effort.
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25 July 2024 | 5 replies
You can always write a long closing if you need more time but don't let the seller change his/her mind.However, I am going to offer an opposing view to the STR idea.
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23 July 2024 | 32 replies
They actually did have some initially good payouts the first year; however, looking back at the financial reports, these first payouts seem to have been programmed into their acquisition model and financed via debt as opposed to the actual earnings of the property.
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23 July 2024 | 3 replies
It further needs a zoning variance which I know I cannot get because the local home owner's association opposed an approval beyond 2 families.
26 July 2024 | 49 replies
Yes, I understand the cost of doing business and I am not opposed to a group making money.
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23 July 2024 | 7 replies
With many jobs being remote these days, people have more choice in where they want to live as opposed to where they need to live.
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26 July 2024 | 37 replies
It sucks to live in a job site, but you can go slow and conserve cash as opposed to renovating the entire place on a deadline to get it rent ready.
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22 July 2024 | 14 replies
I’ve learned over the years that’s it’s best to get the most thorough inspector who is the doom of gloom as opposed to the inspector I had on my first deal where “nothing was wrong” and then once we got into the cosmetic rehab there was $50,000 worth of serious repairs needed.
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27 July 2024 | 108 replies
I have all 15 of these insured with Erie under a single policy which has been great since I only get ONE bill ONCE a year opposed to the mounds of paperwork I used to get.
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22 July 2024 | 19 replies
But ultimately I’m not opposed to taking a calculated risk as long as I have a complete picture of the situation.