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26 February 2025 | 24 replies
And the builder was happy to pay me he was going to be in major trouble with his bank.. then one transaction I brokered a 5 mil apartment and made 2% so 100k..
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7 February 2025 | 7 replies
Inevitably there will be some "friction points" that you'll have to discuss/mediate, but ultimately if they are not willing to adopt a majority/all of your processes, then I think you mutually set up a date that works for them to move. e.g. 60 days, 90 days, etc...
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5 February 2025 | 1 reply
After staging, it was sold to a retail buyer for a strong profit, demonstrating the potential for significant returns by buying from motivated sellers, renovating strategically, and selling at retail.
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5 February 2025 | 0 replies
The home was then sold for a profit, providing a strong return on investment.
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21 February 2025 | 28 replies
You can find solid single-family homes, small multi-families, or even short-term rental properties in high-demand areas like downtown Indy or near major universities and hospitals.Indy has strong rental demand, landlord-friendly laws, and a relatively low cost of entry compared to major coastal markets.
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3 February 2025 | 0 replies
**As investors, you are closest to the consumer (home buyers/renters), so you tend to absorb costs and reduced profits from unexpected spikes in expenses that wholesalers or contractors pass on to you!
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8 February 2025 | 9 replies
Do you typically keep profits in the US/USD?
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10 February 2025 | 71 replies
I've also benefited greatly from BP and by the way, BP is not a non-profit to my knowledge.
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28 January 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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13 February 2025 | 10 replies
My banker needs to make a profit from me, he's in business, too.