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15 January 2025 | 6 replies
I would suggest looking at Alamance county.
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20 February 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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11 February 2025 | 10 replies
I go through the applications and kind of number best to worse(job, salary, references) then if the favorite still wants the property, I run the reports and pay for it.
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28 January 2025 | 3 replies
There’s a ton of investment pouring in, job growth, and a growing demand for housing.
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30 January 2025 | 0 replies
I want to connect with more investors, wholesalers, real estate pros, anyone and everyone as I look to not only do my job better but grow my portfolio.Looking forward to networking and learning from this great community.
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10 February 2025 | 14 replies
Any realtors out there can suggest any and explain your experience with them?
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18 February 2025 | 5 replies
Financing for RenovationsSince the property needs a full gut job, consider:Hard Money or Bridge Loan: Short-term funding to acquire and renovate, then refinance with a long-term loan.Private Money Lenders: Individual investors willing to finance the deal for a fixed return.FHA 203(k) or Conventional Renovation Loans: If you qualify, these loans roll rehab costs into the mortgage.3.
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1 February 2025 | 1 reply
I've seen plumbers and builders stop hiring because all the "young" people start the job and then don't put in any effort or stop showing up.Figure out what you want to make hourly, then start telling everyone and their brother that you need work, how many hours you are available, etc.
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8 February 2025 | 21 replies
They are investing in infrastructure, housing, public safety and taking the steps they need to take to attract more jobs.
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5 February 2025 | 4 replies
Hello all -I have been thinking of getting into realestate investment for a while with a goal of generating income stream (today my only income Is through my job - I make decently as a senior exec).