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16 October 2024 | 10 replies
My view is you need a lot more successes and a lot more experience with underwriting before investing anyone else’s money, especially your mom’s retirement money Here are some thoughts- $320k ARV * 0.7 = 224k. 170k + 80k = 250k.
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15 October 2024 | 7 replies
If they pass they can view and submit an application.
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14 October 2024 | 6 replies
Podcasts are great but some books will help to get clear view on what you'd like to do.
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16 October 2024 | 25 replies
My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Budget : Will have to keep a factor of safety for the current exchange rates of AUD.USD = 0.68 so will cap our budget at 250K- 300K.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!
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15 October 2024 | 6 replies
To move plan $500 for #4If you have a non-loading bearing wall it is always worth it in my view if the layout is improved.
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19 October 2024 | 15 replies
If I mainly want to vacation in Costa Rica and stay in a nice place, I rather make more money by investing elsewhere and rent a different villa every year, which is much more exciting from a lifestyle point of view, as I'll have variety.
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15 October 2024 | 8 replies
After a few years they will figure out what you are doing and one of them will view it as an opportunity to improve their service to keep the contract while the other two get offended.
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14 October 2024 | 3 replies
People are going to focus on the number of beds and baths and price when looking at the ad (and photos) and the layout when they come to view it.
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17 October 2024 | 26 replies
Sounds very scary from a buyers point of view.
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16 October 2024 | 11 replies
Got 2 viewing within 30mins of listing it!