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15 January 2025 | 10 replies
Start with these three key points:Current SituationAssess your current or expected capital and credit within a realistic timeframe.
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12 January 2025 | 20 replies
@Tayvion Payton here's some useful info:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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21 January 2025 | 59 replies
So, they are going to expect and want support staff, to delegate to.
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21 January 2025 | 35 replies
End of that relationship came when owner called us and expected us to go pick up their guy, who's truck broke down, and drive him to the house - and didn't want to pay us anything for this!
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13 January 2025 | 11 replies
This can provide a benchmark for the appraiser and support your expected value.Be Present During the Appraisal: If possible, be there to answer any questions the appraiser might have and to point out the improvements you've made.
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12 January 2025 | 23 replies
These guru's pitch get rick quick with no money down, so people "want to be investors" but fail to start because they had unrealistic expectations from day 1.
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19 January 2025 | 11 replies
These investments in the area are expected to create tens of thousands of new direct and indirect jobs and further accelerate population growth and housing demand.
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19 January 2025 | 9 replies
But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.
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20 January 2025 | 242 replies
Overpromising and under-delivering in terms of expectations at times.
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14 January 2025 | 18 replies
How many glamping spots are you expecting on this?