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Results (10,000+)
Sam Epperson How to find off market deals for investors, as a realtor?
7 December 2024 | 8 replies
We buy, we can sell off market, or we can sell it traditionally.
Luka Jozic Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
In addition, high cost RE markets traditional have greater rent growth than low cost RE markets.  
Jalen Greenlee Private Investor Refi or Suggestions on How to Move Forward
4 December 2024 | 2 replies
Our plan was to do the traditional house-hack, but things haven’t gone as planned.During some self-testing followed by professional testing, we discovered lead in several high-traffic areas of the home.
Rafael Ro Safe and stable investment: Do I buy rental properties or keep money in a HYSA?
11 January 2025 | 67 replies
@Rafael Ro Traditionally, investors have targeted Class B properties. 
Josh Madigan Gatlinburg STR Permit - Large 6br pool cabin - Letter from Fire Marshall
10 December 2024 | 17 replies
Had my inspections done a month or two ago and they checked about a dozen items per property that had to be corrected and told us the properties were deemed "uninhabitable" until then and no one could stay in them.
Terrance Jordan What’s Your Go-To Strategy for Securing Funding in Today’s Market?
2 December 2024 | 3 replies
Are you sticking to traditional banks, exploring private lenders, partnerships, or maybe something creative like seller financing?
Drew Giltner Help me analyze this deal
5 December 2024 | 4 replies
I run sum numbers for you please see comments below before refinancing and post refinancing .If I were in your position, I would approach it as follows:Initial Investment Assumptions: Market Value: $360,000 Purchase Price: $360,000 Equity: $0,000Financial Breakdown: Hard Money Loan (LTV 100%): $360,000 Interest Rate: 10% (30-Year Amortization) Monthly Payment: $1,995Upfront Costs: Origination fee (1%): $3,600 Closing Costs (3%): $10,800 Renovation Costs: $10,000 2 Month of Carrying Costs During Renovation: $5,390Total Upfront Required: $29,790Total Capital InvestmentPurchased price $360,000 Upfront Costs $29,790Total: $389,790To make this investment work, you need to rent the whole property for at least $3,165/month, refinance it let say after one year with 5% interest with a traditional mortgage.Year One Rent: Monthly Rent Income: $3,165 Monthly Rent Losses during renovations (2 Months): -$6,330 (-$527/month distributed over 12 months) Total Rent Income: $31,650 per year => $ 2,638 per monthMonthly Expenses: Hard Money Loan Payment (10% Interest): $1,995 / per month interest only Property Tax (Assuming $3,000/year): $250 per month Property Insurance (Assumption): $100 per month Utilities (Hydro, Gas, Water): $292 per month Assuming 0% Vacancy first year Assuming 0 % Repairs & Maintenance first year because unit has been recently renovated Total Monthly Expenses: $2,637Monthly Net Cash Flow: $1Post-Renovation Refinancing Strategy:So far, we’ve purchased the property, completed renovations, and rented it out.Next, you can approach the bank for a refinance to consolidate your initial investment of $29,790 plus your 360k debt into a mortgage.
Michael Baum Mike's Deal of the Day - Walmart Cyber Deals
2 December 2024 | 2 replies
This item is one of the more requested items to have in our house.
Alexis Nworah Is Sandy Springs a good area to buy a rental in Georgia?
4 December 2024 | 4 replies
Admittedly, pricing will often account for any major items, and I don't believe this is true in Sandy Springs, but there are some areas that an interstate cuts off a small part of the neighborhood, and so labeling the neighborhood as "good" may be true for 90% of that neighborhood, but if you are in the 10% that is on the "wrong side" of the interstate, it can be a totally different market.
Chelsea Pfeiffer Out of State Investor looking to do STRs near the Smokies
9 December 2024 | 16 replies
Be wary of front loading on the itemization/draws in the contract.