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11 June 2024 | 116 replies
It's still the front & back end tail events, and if you invest conservatively relative to your means you'll be able to experience the good of them & capitalize, and be bid on the bad to get even more wealthy.
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7 June 2024 | 5 replies
@Sean Gammons rising property values & mortgage rates have ended the "easy days" where you could buy anything and rent for cashflow.You're going to have to look harder or go into riskier investments.Prior to the crash of 2008, seasoned investors would look at 100 properties, bid on 10, to hopefully get one deal accepted that met their ROI and CoC requirements.
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6 June 2024 | 71 replies
Usually from places like California.For the last decade+, every single year, without fail, we get 1 or 2 rookie investors that turn down a unit turnover bid of like $5,000 because they want to do it themselves for like $3,000.
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6 June 2024 | 6 replies
HUD inspectors make sure that the contractor bids are realistic, do not take advantage of the investor, AND include all costs for the project.
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6 June 2024 | 6 replies
Your asking price will get bid up 15 percent.
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5 June 2024 | 15 replies
. - make sure to get bids from multiple contractors and have adequate reserves.It is easy to overestimate your ARV. - Have an agent pull recent comps for youIt is easy to underestimate the timeline. - whatever a contractor says, add 4 weeks.It is easy to underestimate loan costs. - look at previous settlement statements or get an estimate from your title company.
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6 June 2024 | 11 replies
Every been to an off-market showing where there are 30-50 investors there looking to bid?
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4 June 2024 | 9 replies
Greetings Everyone, I'm looking to get bids on my first solo flip in Orange California.
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5 June 2024 | 7 replies
Yes there will be surround & trim/ etc finishing required, but it's nothing special or extra challenging.get a few other bids before you decide replacement is "too expensive" - nothing especially challenging about the surround/walls, trim, tile, finishing, or nearby side walls etc getting done at the same time as a tub.
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5 June 2024 | 16 replies
I have my cleaners at Turno, which means they bid on my offers in order to get hired, so sometimes their prices are the same as my fees.