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3 February 2025 | 14 replies
You can include moving and storage costs in the charges.
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26 January 2025 | 21 replies
It did not cost me $0.01.
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28 January 2025 | 12 replies
Hi Chris, As financing costs will be a big factor in determining profitability, you should be asking HMLs for proposals to fund.
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7 February 2025 | 6 replies
Can you give more details on your numbers, purchase prices, rehab costs, time to complete rehab, ARV, monthly rent?
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5 February 2025 | 2 replies
Having a vacancy costs money!
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10 February 2025 | 1 reply
Was cash invested including rehab costs?
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20 January 2025 | 57 replies
Sub2 is a risky strategy for a long term buy and hold as the longer the deal structure stays in place, the higher the chance that issues will arise (like issues with the loan servicer, insurance, seller filing for bankruptcy, seller dying, seller realizing their DTI ratio and ability to buy their next property is negatively effected and becoming upset about it like in your case, due on sale clause being called, etc.).
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5 February 2025 | 35 replies
Quote from @Anthony Sigala: We are all aware of the 1% rule--the gross rent produced by a property must equal 1% of the of the property's acquisition cost.
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26 January 2025 | 15 replies
Yes we avoid custom work to help keep cost down.
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15 January 2025 | 14 replies
Why would you do anything that effectively pays you less than that?