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4 February 2025 | 6 replies
Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.
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24 February 2025 | 5 replies
My main point is I am working on a solution that will focus on the developer's bottom line.
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24 February 2025 | 6 replies
I don't have a specific area that I'm focused on, something up and coming area that's being turned around might be best, especially for my first deal.
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3 February 2025 | 15 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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19 February 2025 | 7 replies
The focus is more on the property's potential income and your ability to service the debt.
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30 January 2025 | 0 replies
Here’s a bit more information about why these could be such powerful tools for you:Financial Support: The average benefit for buyers who qualify for down payment assistance is $17,000.
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13 February 2025 | 35 replies
If you are patient, it will come into focus for you.Best of luck as you get going, and feel free to ask any questions.
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9 February 2025 | 3 replies
He's in Dallas and is a very CRE-focused CPA.
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12 February 2025 | 2 replies
So, as you can see by not wasting time on all 100 people who initially reach out I can focus only on those taking further action to show their interest.
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13 February 2025 | 7 replies
As you know in many real estate deals, the money is made at the buy.Personally, I'm focused on off-market deals where we can create value.Curious—how did you frame your offer to get them to drop without hesitation?