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1 September 2024 | 8 replies
other, higher cash flow strategies are higher risk or more hands on or both.
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4 September 2024 | 6 replies
Their taxes are paid up through 2023.
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5 September 2024 | 14 replies
I'm sure they talked, but if the showerhead had issues with flow (CLR does wonders) that is different than a cosmetic problem (rust on the outside of the fridge)...though I wonder what they did to get rust on the front and side of the fridge.
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4 September 2024 | 2 replies
No matter how good it looks, anything can happen at the last minute.That’s why you’ve always got to keep hustling, keep your pipeline full, and never count on just one deal to carry you through.
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5 September 2024 | 4 replies
You can exchange ideas with your agent and have him work something out with the other side through conversations but once you all agree on a plan you MUST GET IT IN WRITING so everyone is legally bound and your EMD and interest are protected.
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5 September 2024 | 8 replies
We put it on the market at the beginning of summer and had one offer but it fell through.
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4 September 2024 | 8 replies
I don't have a checklist and had to learn a lot of it through experience.
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4 September 2024 | 10 replies
Velocity of money, or speed in which you can complete a BRRRR investment and repeat, is key to success, and refinancing with the shortest seasoning requirements is highly important.Loan terms and interest: Cash flow is also an important consideration for a refinanced rental property, so attaining a low interest rate, as well as other aspects of loan structure (term, amortization, or interest only, etc.), plays a big role.Generally, there are three main refinance options for BRRRR method investors: Conventional loansBank/credit union loansDSCR loansConventional loans are generally defined as loans originated under GSE (Fannie Mae/Freddie Mac) rules and guidelines and securitized.
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5 September 2024 | 9 replies
I would worry more about the county/city/HOA requirements a property would have, very few covenants are pushed through in certain areas and for some reason I can imagine you would be fine.
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4 September 2024 | 8 replies
We get lots of traffic through Zillow for our listing as a furnished rental.