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14 October 2024 | 0 replies
Purchase price: $1,435,000 Cash invested: $3,010,600 Sale price: $8,400,000 We identified multiple lots around the light rail system in WA, where we felt that properties are going toincrease in value significantly, these lots were re-zoned from SFH to multi-family (MUR35mostly), we have developed, permitted and starting to build: 8849 Midvale Ave N, Seattle – Two combined lots, zoned for multifamily where we built 12 townhomes 23007 55th Ave W, Mountlake Terrace – 7 townhouses in a walking distance from thelight rail station, in planning stages with the city of Mountlake Terrace, WA
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15 October 2024 | 3 replies
If you use any of the major mailhouse services, like Yellow Letter HQ (a service I can personally vouch for), they offer a variety of templates and even provide text suggestions.A smart way to analyze this strategy is by observing people in your local market who use mailers and identifying what works or doesn’t work for them.The simplest and most effective way to test this approach is to pull a hyper-targeted list of distressed homeowners and run a small-budget mailer campaign.Hope this helps!
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17 October 2024 | 20 replies
You often hear from real estate investors who scaled businesses attribute their success to great contractor relationships, a realtor who helped identify an underserved housing need, lenders who gave them a chance despite not having a balance sheet, even good attorneys who navigated them through entitlements or perhaps accountants who educated them on tax saving strategies.
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14 October 2024 | 9 replies
I believe it’s important to address these two items separately: First, there are still ways to find out the identify of the member(s) behind the LLC and secondly these anonymity strategies do not actually shield liability because claims are still brought regardless of whether the members of the LLC are identifiable.
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17 October 2024 | 14 replies
I heard on Fox News this morning that the insurance industry has identified 80 high risk zip codes. 78 of them are in Florida.Back to back Florida hurricanes aren't helping the insurance rates.I also heard on the news several days ago they believe 15% or 18% of Florida residents are planning to move to other states.
15 October 2024 | 3 replies
You may have to look at a lot of deals to find a good one...We've walked away from far more than we've purchased because the sellers maywant to hold firm on their asking prices (even when DD identifies majorrepairs).
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14 October 2024 | 14 replies
Look at property values, trends, and neighborhoods to identify opportunities.5) Create a Budget: Determine how much you can invest, considering all associated costs like down payments, closing costs, and maintenance.6) Build a Network: Connect with real estate agents, investors, lenders, and other professionals.
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14 October 2024 | 6 replies
I’ve been observing his marketing efforts closely, and I can’t quite identify any specific issues.
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15 October 2024 | 10 replies
This process helps identify which credit cards need to be paid down and by how much to reach the desired FICO score.
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18 October 2024 | 29 replies
This effectively intercepts a negative review before it happens, allowing you to identify if something can truly be done to bridge the experience gap.Some guests just want to feel extra special or important, and the best you can do is smooth things over and move on to the next.