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13 September 2024 | 12 replies
it was literally my own cash, from my checking account.
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11 September 2024 | 10 replies
They literally wrote the book on midterm rentals and cover how to analyze markets.
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18 September 2024 | 35 replies
It's literally taught at brokerages that if one is a new agent just say there "investor friendly" because it's quick "easy $".
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11 September 2024 | 4 replies
Quote from @Piper Pepperidge: Looking to do my first flip, was originally looking at baltimore, but it looks like it's moving towards a buyer's market and inventory is very high so I'm looking for other hot neighbors with low inventory.ThanksHottest markets are inner ring dc suburbs, moco, nova, even Howard and Frederick, I can tell though if you are a 1st time flipper you will lose money, I’ve been doing this for nearly a decade and I cannot hit my numbers, I met with a flipper a few weeks doing 12 a month, has his own crews, buys off market, literally a full time business, even he is struggling , it’s a bad time to flip right now tbh.
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11 September 2024 | 13 replies
You were literally paying to play PM by not increasing the rent.
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16 September 2024 | 40 replies
You will need $20k in startup costs plus you should invest atleast $50k in your syndication and have a track record to show investors what you have for experience With all due respect Chris, this is where partnering with someone who is experienced can pay dividends (literally).
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12 September 2024 | 21 replies
I had a tenant who paid late every single month, like she’d usually give me half early in the month, and the other half after like the 20th, I literally didn’t care, she never missed a payment (she did abandoned here dog in my garage after she moved, but that’s a whole different story) but as long as you are getting paid in full every month you should be happy lol.
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11 September 2024 | 6 replies
I literally had to put both tenants in a nearby hotel for a week.
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11 September 2024 | 11 replies
If you're not from a market and have no experience, you should keep your opinion to yourself instead of recommending to a NEW flipper to get started in literal C and D neighborhoods.
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13 September 2024 | 24 replies
In this case I had the best mail piece, I was the best negotiator, I had the best terms, etc, because I was literally the only other investor involved.