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29 December 2023 | 0 replies
A little sweat equity in managing the property before hand allowed me to lower risk, understand the building better than a dozen inspections could have, and allowed me to hit the ground running at closing with a fully occupied building, great relationships with he tenants, and systems in place to cash flow day one.
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27 December 2023 | 1 reply
By being willing to put in the sweat equity.
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28 July 2021 | 22 replies
Anyone can do REI, just has to be at the right collateral, sweat equity and risk level.Can you provide the following info, so this discussion can be more useful.
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8 September 2022 | 10 replies
Also, critically right now, they aren't a "refi sweat shop" or a "tech company disrupter" that got overly large during the 2020/2021 refi boom.
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24 April 2023 | 20 replies
I have been working through major renovations such as a new roof, a fully gutted bathroom with higher end finishes, and lots of new amenities that my competition does not have.I hope the additional sweat equity and improvements will increase the property value; however, since doing all of the comps in November AirDNA and Rabbu look much different and much lower for comps.
22 December 2023 | 2 replies
Don't sweat it.I'd spend the next 6 months reading posts here on the forums, listening to the biggerpockets podcasts, reading the biggerpockets blogs, and reading a couple of books.While you're add it you should increase your income, decrease your expenses, and start working on fixing your credit score.After 6 months you'll have a good foundation of education and you will start to understand if you still want to get into real estate.
17 August 2022 | 6 replies
If you pictures of their shoddy work that would also be your smoking gunDon’t sweat it.
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28 July 2023 | 3 replies
They hate to do it, so if you can spend some leg work and sweat equity selling estimates and jobs, you'll learn a ton.
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29 December 2022 | 92 replies
The property is seasoned over 90 days and still the lender wants everything short of a colonoscopy, improvement lists, receipts, time spent (sweat equity).
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2 January 2024 | 19 replies
It takes work and patience (and most likely sweat equity) to find the cash flowing deals but it's still a great buy and hold market.