
11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?

7 August 2024 | 17 replies
House-hacking is way too trendy.

12 August 2024 | 9 replies
A W2 job will likely make it easier for you to obtain financing for your future house hacks.

13 August 2024 | 17 replies
Yes, most of our DSCR products do NOT have pre-payment penalties (as long as you are not refinancing AND had the house on the market in the last 6 months) and with 20% down would be the in mid's 7's assuming good credit/DSCR over 1.00 etc.

14 August 2024 | 134 replies
Values at least in our market were quite sticky and on top of that our competition when rates sky rocketed de engineered their houses to get their prices down.

11 August 2024 | 0 replies
Purchase price: $55,000 Cash invested: $100,000 Sale price: $820,000 Fix & Flip in prime marine park in Brooklyn, one family 3bd duplex just off the park. got this deal as REO, since houses in this area are selling as is, we did just minor renovation.

10 August 2024 | 10 replies
For houses and apartments we have $/door and CoC ROI metrics.

11 August 2024 | 3 replies
Recommended no enforcement.This is an example that not all SEC investigations end up in a negative light. https://modularhomesource.com/sec-concludes-its-investigation-into-housing-manufacturer-boxabl/

10 August 2024 | 5 replies
With $20k your best bet is to house hack a duplex in one of those areas.

13 August 2024 | 55 replies
Hi @Nina Erlandson, yes we just had our last one last Wednesday and we were talking about the new Spanish housing law in Spain (nueva ley de la vivienda).