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23 January 2025 | 2 replies
Astonishingly, I'd argue that the luxury Oregon Coast Real Estate market is still a bit under the radar.Â
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24 January 2025 | 4 replies
Get the property under contract2.
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28 January 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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8 January 2025 | 7 replies
My markup is always lower than the original lender's because I don't spend money advertising during the Super Bowl, my president doesn't have a corporate jet, and we don't have layers of management we need to pay.
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23 January 2025 | 24 replies
No if potential buyer have given you emd than you are under the assumption this is a serious buyer and will close on the deal but he has only a certain amount of time with his inspection period so if he backs out you still have time to fund another buyer.Â
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26 January 2025 | 54 replies
You can get these under your belt for $6-10k, and we're talking about reading 4-10 books, being tested, interacting, and meeting new people.
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22 January 2025 | 3 replies
basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it.Â
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24 January 2025 | 7 replies
In part because the sink is under the window which to me seems like a natural spot for it.Â
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29 January 2025 | 23 replies
I am looking to get into real estate under an LLC.
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29 January 2025 | 11 replies
We are always priced under the market average for properties, as we prefer a slightly higher occupancy rate over a higher nightly price. Â