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9 February 2025 | 173 replies
She basically told me the same thing you said about the risk of REI investing being way too high for newbies to justify the reward and time spent.
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29 January 2025 | 28 replies
just start generating leads and start talking to people and when you’re not doing that educate yourself also hire a mentor just basically get active..
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17 January 2025 | 9 replies
;-)I am starting to read books, audiobooks, and this site to builda basic understanding of RE investing in 3-6 months.
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24 February 2025 | 71 replies
If needed add a minimum of 15kModerate RehabCan save at least two of the following- Electric, Drywall, Flooring, Plumbing (likely touch ups in the other two)Redo KitchenRedo Existing BathroomsNo framing or architect plans neededPaintFinish BasementAdd a split unit to existing duct work (prevent from tearing up existing plaster/drywall)*Think of a grandma home that does not have knob and tube and has been on top of roof/windows so we aren’t as worried about mold/water damage*Light RehabComps do not need a finished basement or basement is finished to comp standardComps do not need HVAC or you can just add split unit to existing ductworkKitchenBathroomFloorsPaintNo major rehaul of mechanics needed (aka do not need to rip out walls)LipstickPaint, Floors, appliances in the most basic sense ARV Range Full Gut Moderate Light Lipstick +450 (A+) 150-300 N/A N/A N/A 380-450 (A) 90-120 70-75 N/A N/A 270-400 (B/B+) 85-100 60-70 N/A N/A 210-270 (B-) 75-80 60-65 45-55 N/A 170-210(C/C+) 65-75 50-60 40-50 15-30 140-170(C-) 60-70 50-60 35-45 10-20 120-140 (D) 55-65 40-50 25-35 5-15 Philly Neighborhoods Breakdown:A+ : Obvious Prime Real Estate.
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31 January 2025 | 27 replies
We only disagree on what is basically a customer service issue.
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19 January 2025 | 11 replies
Courses and webinars are great if you're getting basic information to help start you off, but you'll never truly retain the information if you don't apply it.
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26 January 2025 | 16 replies
Basically, simply looking at cash flow, is 150-300/mo a good cash flowing deal or should it be higher.
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16 January 2025 | 5 replies
It will familiarize you with the basic terminology and benefits.
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26 January 2025 | 24 replies
For example, in Kansas they have the 14/30 (basically you will rectify the situation in 14 days and if not you have 30 days to depart i.e. before you can file eviction).