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3 January 2025 | 2 replies
I am basically looking for a cashflow property in the Lehigh Valley or anywhere else, but I would love to visit the property as I am staying in the NJ/NY region.
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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5 February 2025 | 56 replies
All that matters is whether the property will attract reliable tenants (A reliable tenant stays many years, pays the rent on schedule, and takes good care of the property).
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3 January 2025 | 2 replies
The tenant wants to stay 2 weeks post closing in order to get all of his stuff out.
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12 January 2025 | 12 replies
Stay educated on Florida market trends and BRRRR success stories.Good luck!
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26 December 2024 | 9 replies
Change out the used sheets with fresh ones, then take the used ones off-site.
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16 January 2025 | 15 replies
What I've realized is that a lot of these companies that do pay for housing stay in the larger apartment complexes because the companies pay for it.
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13 January 2025 | 11 replies
Just be prepared for a learning curve and stay adaptable to new challenges.
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2 January 2025 | 0 replies
He’s also interested in staying in the home if possible and deduct the rent from the balance he owes.
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3 January 2025 | 7 replies
That new owner then makes the payments to the lender even though the loan stays in that previous owners name.