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8 December 2024 | 14 replies
These properties can often be acquired through creative financing methods like:Seller Financing: Negotiate flexible terms with motivated sellers who want to avoid traditional bank processes.Lease Options/Subject-To Financing: Take over a seller’s mortgage without assuming full responsibility, especially for properties needing renovation.Creative Terms: Adjust terms to fit market conditions, like offering lower down payments or longer payoff periods.Staying connected with investors and tailoring deals to current conditions can help you secure opportunities even in challenging markets.
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5 December 2024 | 7 replies
You are much better of preparing for the worst case scenario and adjusting your strategy accordingly.
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4 December 2024 | 8 replies
Brick v.s siding and covered v.s no converted parking also make a large difference and are items that have to be adjusted for.
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6 December 2024 | 9 replies
Listing it “as is” with a $25k rehab concession can attract these buyers.Consider these options:List on investor-focused platforms like Roofstock or BiggerPockets or Facebook Marketplaces, where you’ll find buyers who appreciate tenant-occupied properties.Network with local investors or REI groups in your area to find someone looking for a turnkey rental with upside potential.Hire a real estate agent experienced in selling tenant-occupied properties, but adjust your pricing to cover commissions if needed.Make sure to highlight the stable tenants and ADU potential—those could be big selling points!
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6 December 2024 | 6 replies
Compare that to the seller's staffing matrix and make adjustments as needed.
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10 December 2024 | 25 replies
Sponsor vetting seems to be quite intense but necessary.
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7 December 2024 | 8 replies
Run your comps and be prepared to adjust a suggested price based on condition, layout, and other factors.
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30 December 2024 | 819 replies
@Allen Harris I think your instincts a are good.. your in a tax free state why go to one your going to have to file a return in and pay tax.. the difference in cash flows probably not worth it.and I see nothing freeking easy about this.. without BP and all this INTENSE social media presense on the company I suspect the out come would be far different.
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5 December 2024 | 20 replies
Constantly manage bookkeeping and cash flow to make sure you stay on budget and/or make adjustments when (not if) things come up to stay on track.
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4 December 2024 | 3 replies
If money’s the issue (which is highly likely), you could offer to cover the advertising costs upfront, if possible, and adjust their commission by that amount.