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27 September 2024 | 1 reply
What will it take to exceed the average rental in the area and create a desirable B class rental?
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3 October 2024 | 29 replies
It is rural and 30 minutes outside of a major city, however, it does have a 20x30 shop that a tenant under the right circumstances might find desirable.
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26 September 2024 | 13 replies
Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
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1 October 2024 | 37 replies
Just have to look at your resources and desires versus REI strategy.
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26 September 2024 | 11 replies
You need to balance the desires of the preferred equity with those of the common equity.
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26 September 2024 | 7 replies
I think they also need to be located in desirable, urban areas with strong rental demand, which can make finding tenants easier.
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27 September 2024 | 7 replies
If possible and you so desire I would consider pulling out a portion of the equity to do another deal.
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26 September 2024 | 9 replies
If it is in a desirable area, it will appreciate.
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25 September 2024 | 0 replies
I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/199325/small_1704239129-avatar-ejourneyer.jpg?twic=v1/output=image&v=2)
25 September 2024 | 1 reply
See the 2020 aerial view below.Very little undeveloped private land is left in the Las Vegas Valley, and desirable areas cost more than $1 million per acre.