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19 January 2025 | 6 replies
Hi @Zhong Zhang I have used vacancy hacks over the years to get personal properties under 1% when turning tenants over. 3% increase depends on renewing or getting new tenants, when renewing tenants that's a safe amount.
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21 January 2025 | 8 replies
I would still do due diligence such as whole property inspection, lead inspection (depending on when the property was built), appraisal, etc.
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12 February 2025 | 6 replies
This is basically a math problem that will depend on both you personal finances & also how much of this is an investment vs you want a nice house to live in4.
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22 January 2025 | 4 replies
I think you can go as high as 15% but it's cutting into your margins and depends if you are a GC yourself or not. 150k is close to a million or more.
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2 February 2025 | 9 replies
It is more dependent on that than your experience.
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22 January 2025 | 2 replies
Depends on if you have panels, crazy layouts, etc.
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21 January 2025 | 4 replies
It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.
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29 January 2025 | 6 replies
There's many more out there depending on what section you want to get into.
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20 January 2025 | 6 replies
There is a not so inexpensive fee - anywhere from 5k to 100k depending on the program and they take a % of each deal.
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11 February 2025 | 18 replies
@Matt Wan Many lenders require wet signatures on at least the Promissory Note but if yours does not, as a US citizen you could do the entire signing anywhere on the planet with a good internet connection + mic + camera via Remote Online Notarization (RON) for less than $200.If wet signatures are required, the answer then depends upon what foreign country you are in.